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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Last
4.0¢ |
Change
-0.002(4.76%) |
Mkt cap ! $58.23M |
Open | High | Low | Value | Volume |
4.3¢ | 4.4¢ | 3.9¢ | $420.3K | 10.42M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 2500000 | 3.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.0¢ | 2855 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 2500000 | 0.039 |
12 | 2548531 | 0.038 |
15 | 3167125 | 0.037 |
14 | 2633135 | 0.036 |
26 | 4117798 | 0.035 |
Price($) | Vol. | No. |
---|---|---|
0.040 | 2855 | 1 |
0.042 | 142880 | 2 |
0.043 | 217541 | 5 |
0.044 | 1712444 | 7 |
0.045 | 344910 | 5 |
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