Gold,
I think you are spot on, this is a steal for a big player up to 20c and I agree, more than 50% would take it in my opinion.
But that also depends on the numbers from the DFS, I am confident they will be very strong and very attractive to a few big sharks, depending on the outcome of that we may see bids go to mid 20’s if this DFS is as good as I think it is???? With the new CEO well versed in taking juniors to production, plus his experience in acquisitions, mergers and banking puts us in competent hands no matter what the outcome.
All speculation of course!
Katanging has a lot more gold than 3 million ounces and the sharks will be more than aware this will only add extra value long term to an early entry via a takeover, time will tell as it always does
ALH
Gold,I think you are spot on, this is a steal for a big player...
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Mkt cap ! $96.67M | |||
| Open | High | Low | Value | Volume |
| 3.6¢ | 3.6¢ | 3.4¢ | $72.72K | 2.064M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 1124193 | 3.4¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 3.5¢ | 917637 | 1 |
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