GRY 0.00% 20.5¢ gryphon minerals limited

Ann: Change in substantial holding from MQG,MQG-GRY.AX, page-8

  1. 2,055 Posts.
    lightbulb Created with Sketch. 2
    I would doubt it Bevter

    .... more likely they see a distressed Exploration company with good assets, being taken over by a company with cash and a development production team, perhaps a bit like Ampella, AMX, getting taken over by Centamin (CEY, LSE). I think the "AMX takeover SP appreciation" is now well north of 3-400% plus a good dividend stream perhaps for the next 20 years at these gold prices, or even a lot lower for that matter.

    Do your own research on this, but this would be my thinking....
 
watchlist Created with Sketch. Add GRY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.