MNC 25.0% 0.3¢ metminco limited

Originally posted by jaksparaThe "dog" status is a legacy...

  1. 6 Posts.
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    If you IPO the combined Colombian Gold assets + cash post raising, you would set the subscription price @ ~$20M.

    In a bullish gold market you could expect a stag listing day valuation well above the $20M.

    The interesting dynamic here is that plenty of stale/burnt MNC holders will exit on a high volume day. Some of that will however be mitigated by options holders having to enter the heads to retain effective exposure.

    Here lies the opportunity.

    I will be looking to enter pre-consolidation IF the price is right.

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Mkt cap ! $2.375M
Open High Low Value Volume
0.2¢ 0.2¢ 0.2¢ $2.5K 1M

Buyers (Bids)

No. Vol. Price($)
33 54650988 0.2¢

Sellers (Offers)

Price($) Vol. No.
0.3¢ 20991865 15
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