MRP 0.00% 6.1¢ macphersons resources limited

38.4 mil for $0.0575. That's equivalent to $2,208,000. That's a...

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    38.4 mil for $0.0575. That's equivalent to $2,208,000.

    That's a fair amount of cash. Having said that when we sold Coolgardie for Cash+Shares, the share price then was $0.12, more than double the offer price.

    What do you guys think - Take it to help fund Boorara mine development? Or, wait for a better offer? Personally I'm leaning towards the latter - in my mind PGO worth at least $0.08.
 
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