Ummmm firstly if there is any offer, which there probably will...

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Joebear

2,338 Posts.

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28/05/24

09:47

Post #: 74038296
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Originally posted by goldteef: ↑

Like i said before, i hope we can sneak past the eyes of others and get it to production. I happend to see the announcement and while positive its not a license to take the mine to development.

A takeover offer can land at any minute which will go to shareholders to vote on, you watch how fast the 50.1% of holders rack up for a quick penny. In fact ask yourself if you could double or triple your money next month and potentially own shares in a company also focused on expiditing development of katanning would you say no? Not to mention the impatient and disgruntled holders in these forums alone will be signing the dotted line in record timing. See Perseus/Orecorp thread for a recent example of a well peforming BOD handing over their project in a hurry.

The entire industry is consolidating and M&A activity going on everywhere with companys chasing these increasingly rare size/scale open pits.

Your valuation of '100s of billions' is wild and misleading. I suggest you run your numbers again.

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Ummmm firstly if there is any offer, which there probably will be, MC will pretty much instantly reflect that offer. No need to accept that offer to "double or triple" your money.
Secondly, double is a joke right?
Thirdly, disgruntled holders in these forums? All 10 holders in these forums i would consider Insignificant. Funny shit.

AUC Price at posting: 3.8¢ Sentiment: Buy Disclosure: Held
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