Would be better for longer term holders for this to go to production solo, imo.
A takeover bid a 30-50% might not realise true value.
Still undervalued on an EV to Oz Au comparison just on the current Reserves. When they increase the current JORC to more Reserves then the value will be even more compelling.
Why LGL or anyone else didn't take this a few months ago is dumbfounding. LGL was probably too busy trying to explain away the BGF debarcle. Idiots.
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$2.35 |
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Open | High | Low | Value | Volume |
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1 | 8415 | 2.340 |
3 | 16997 | 2.330 |
2 | 10570 | 2.320 |
1 | 8415 | 2.310 |
Price($) | Vol. | No. |
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2.380 | 18119 | 3 |
2.390 | 10530 | 2 |
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