Interesting to note the current offer price per ounce. Similar to the $88 STK got from NST. Perhaps this is becoming the new benchmark... at least for resources that are 'bolt-on' enabling an enlarged MRE to become economic etc... Though I think this seems very cheap overall, especially when I look at NST, which will be able to bring those ounces into a mine plan within 2-3 years. So...approx. price is just 4% of the spot price.... I wonder what the historical average is?
Agree Marc will have a plan... though part of the plan is clear... get 20% at $0.07... the rest... we will see.
AAR Price at posting:
14.5¢ Sentiment: Hold Disclosure: Not Held
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