AMI 2.94% 17.5¢ aurelia metals limited

Ann: Exercise of PacRoad Options, page-2

  1. 22,527 Posts.
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    This is all good news and PacRoad should be well placed to make a bid for the company once the
    updated Reserve/Resource is available. It will be now interesting to see the SP upward movements over the next few months in anticipation of a takeover; otherwise why should they exercise the options now
    rather than leaving their lollies employed elsewhere until later. The other option is that they may flog
    their shares to another takeover merchant off market.

    Cheers and good luck to all

    MM
 
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