re: Ann: Media Release - Quarterly Activities... You didn't answer the question because you know fair value is 80M for nigel alone.
The problem we have, is the mkt is discounting GDO and therefore fair values aren't locked in to our current SP.
You say my argument is weak, yet you say there is no value in megamine and subnigel! First time I've head assets and earnings are worthless. Good for a laugh though.
I guess in your opinion this deal was so compelling it was worth rushing into. Why am i not surprised!
As for the stock, I liked it more pre deal.
In the end the discounted value will catch up in time and with production. I'll stay in for a higher future sp when this happens.
Good to see you care though.
Mav
Ann: Media Release - Quarterly Activities Report , page-53
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