AON 0.00% 3.0¢ apollo minerals limited

cape lambert 400 million deal

  1. 351 Posts.
    MCC has signed a MOU to secure a deal worth $400 million payable over three tranches.
    They have paid a $10 million deposit of which $5 million is non refundable. The due diligence period extends to April 30.

    Great news for Apollo as we are situated on the same iron ore belt( Clareville formation)

    Apollo at a market cap of $25 mil is very cheap.

    Could Mt Oscar be Cape lambert mark 2.
 
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