AAG 0.00% 28.0¢ aragon resources limited

how much longer can this stay under the radar?, page-9

  1. 140 Posts.
    who uses $25/ resource ounce for EV? its usually 35 to 50 bucks i believe.

    @ $35 this puts cap at $52M or 25cps.

    This stock is being played with no doubt. After end of september it should fly when the oppie overhang is out of the way.

    As a side, if SLR (or someone similar) wanted to take AAG out, they would only have to issue 36M shares at $2.2 (note discount) and could take the whole co for 80M... This would only represent 20% dilution for SLR with, from memory about 180M shares on issue. Win win for both co's.
 
watchlist Created with Sketch. Add AAG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.