There is nothing to worry about with BNR (26,8% Matsa). For today MK Cap of 3,585 M Aud you get 2,42 Mio AUD Cash+Investments plus
a first 247 K AUD royalty from the sole Geko project with CM1 (30% JV share, royalty + profit-share). CM1 Geko had some nice drilling results recently so future seems to be better now with more royalties to be expected. The canceled TML adquisition cuts next qt outflow from 784 K to 164 K AUD. But maybe BNR can one day deploy the excess cash in Matsa Lake Carey projects if desirable.
On the other hand the investment in LTR Lithium looks more and more bullish for Matsa.
So lets assume that the small crash in Matsa was caused by bargain hunters.
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Last
5.0¢ |
Change
0.002(4.17%) |
Mkt cap ! $21.45M |
Open | High | Low | Value | Volume |
4.8¢ | 5.2¢ | 4.8¢ | $82.16K | 1.640M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 4.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.0¢ | 280000 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 83578 | 0.140 |
1 | 25000 | 0.135 |
1 | 23000 | 0.130 |
1 | 100000 | 0.125 |
1 | 20000 | 0.120 |
Price($) | Vol. | No. |
---|---|---|
0.150 | 110702 | 2 |
0.160 | 125000 | 3 |
0.165 | 25015 | 1 |
0.170 | 3053 | 1 |
0.175 | 106288 | 2 |
Last trade - 13.30pm 15/11/2024 (20 minute delay) ? |
MAT (ASX) Chart |