That is one of my concerns. For us shareholders to get a takeover, (it would have to be a hostile" at say 3 cents, what chance have we got to get our investment back?
If Westgold makes a bid, it will take a huge turn around by them to get a 100% return for us.
It would be better to back the company to prove up further gold reserves and perhaps to hit MS at Govt Well and get a takeout of 10 cents or more.
That is one of my concerns. For us shareholders to get a...
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| Price($) | Vol. | No. |
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| OAU (ASX) Chart |