What's interesting about that figure is that if another offer is put in, and also subject to 90% (a regulatory or constitution requirement?), that party would probably have to negotiate with Aurenne, as well as the Board.
Can't see any white knights until the PFS and ore upgrades are released, as well as the 'independent' consultant's report is made public.
After that... We might see a price a bit closer to true value, rather than the current basic value.
Has anyone got enough broker data and current top 20 to work out if any other fish are accumulating for > 5c potential?
All IMHO only.
ARS Price at posting:
4.7¢ Sentiment: Buy Disclosure: Held