APOLLO CONSOLIDATION was acquired by gold producer Ramelius for 115AUD the ounce of gold in the ground. Apollo and Ausgold both in Australia, neither project has a processing plant. Thus reasonably comparable.
If we calculate with Ausgold with a takeover for "only" 100AUD, we would be at a price per share of about 0.1AUD (this would be a premium of about 115%).
Assuming the resource is increased to 2.5M ounces, then the takeover at 0.16AUD
Stay calm and wait and see. There may be a lot to come!
I also like the gold price just extremely well, rises above the 1,780$
What i wantto say is that we have potential. No matter in which direction it goes.Takeover quickly or further development and dismantling/mining ourselves. GL all longs
APOLLO CONSOLIDATION was acquired by gold producer Ramelius for...
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Mkt cap ! $93.91M | |||
| Open | High | Low | Value | Volume |
| 3.4¢ | 3.4¢ | 3.4¢ | $37.24K | 1.095M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 1518583 | 3.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 606509 | 4 |
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