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9.38% 2.9¢ altamin limited

Ann: Altamin Board Recommendation to Reject Takeover Bid, page-3

  1. Aye_yoU
    80 Posts.
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    10/05/22
    12:32
    Post #: 61313433
    Surely no shareholder would sell at these prices. The NPV is $300 mill and the resource is not even half drilled out. Projects of this grade and upside potential would sell closer to 1x NPV. You'd have to be crazy to accept the offer.
    AZI Price at posting: 9.8¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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