Although the host rock is a bit different, it's like Kim at Agnew in terms of shape and grade. Kim made Goldfields an absolute fortune at a much lower gold price.
I also think RMS is pragmatic. Even if they didn't like it before, they can change their mind on new information. And given they missed Korora? They are in acquisition mode. WGX did them a favour on that one.
Not saying they will definitely take it, but the probability is high. As for price, my guess would be $1bn.
Ann: A$80m Fully Underwritten Equity Raising to Accelerate Explor, page-84
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Last
$1.13 |
Change
0.020(1.80%) |
Mkt cap ! $1.250B | |||
| Open | High | Low | Value | Volume |
| $1.09 | $1.15 | $1.08 | $4.066M | 3.627M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 122541 | $1.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.13 | 26993 | 4 |
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| SPR (ASX) Chart |