what value the musongati reserve ?
Norilsk were prepared to pay about $6-7 bill for lionore.
i would assume that the musongati deposit is bigger than lionore and allowing for a discount of 50% for being in africa because it can be unstable at times.
this equates to $3 -$3.5 bill.
not a bad purchase for a company with reserves of $150 bill (@usd $40,000 per tonne) plus other mineral content.
AGY with 100mill shares on issue and this equates to $30 -- $35 per share.
i would like you comments.
the current shareholders are in a very strong position ( if they afford to hold) because the predators are out there but if there is no stock to sell , then guess what .
enjoy the ride and be patient.
seadog
"a fool and his money are easily parted"
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8.8¢ |
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0.000(0.00%) |
Mkt cap ! $128.1M |
Open | High | Low | Value | Volume |
8.8¢ | 8.9¢ | 8.7¢ | $57.48K | 654.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 194911 | 8.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.9¢ | 33820 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 194911 | 0.088 |
3 | 643444 | 0.087 |
10 | 362555 | 0.086 |
13 | 601035 | 0.085 |
1 | 11500 | 0.084 |
Price($) | Vol. | No. |
---|---|---|
0.089 | 33820 | 1 |
0.090 | 980226 | 7 |
0.091 | 198953 | 3 |
0.092 | 21869 | 1 |
0.093 | 55003 | 2 |
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