- Joined
- 18 February 2006
- Posts
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- 2
Has been on my watchlist for awhile,
Specy trying to get its Iron Ore plans off the ground,
Fortunes may have turned for it, recently ann a deal to get Heron's Iron Ore grounds + their MD,
Post Transaction POL will have a capital structure of
80m Shares + 20m 20c opies + 20m unlisted 20-30c opies
Which gives a fully dilluted mkt cap of 100m - 120m shares, at 20c = $20m
They have 3 projects currently
Evanston and Johnstone Range Iron Ore (Earning 70%) in the Yilgarn Iron Province,
Bullfinch Iron Ore (40% JV with Portman Mining holding the other 60% Takeover possibilities???)
New projects being acquired are all in the Pilbara Iron Ore regions,
Will also be doing a Uranium IPO wth Washington Resources, should be a good IPO
Watch this spec stock
Specy trying to get its Iron Ore plans off the ground,
Fortunes may have turned for it, recently ann a deal to get Heron's Iron Ore grounds + their MD,
Post Transaction POL will have a capital structure of
80m Shares + 20m 20c opies + 20m unlisted 20-30c opies
Which gives a fully dilluted mkt cap of 100m - 120m shares, at 20c = $20m
They have 3 projects currently
Evanston and Johnstone Range Iron Ore (Earning 70%) in the Yilgarn Iron Province,
Bullfinch Iron Ore (40% JV with Portman Mining holding the other 60% Takeover possibilities???)
New projects being acquired are all in the Pilbara Iron Ore regions,
Will also be doing a Uranium IPO wth Washington Resources, should be a good IPO
Watch this spec stock