Share
4,323 Posts.
lightbulb Created with Sketch. 1979
clock Created with Sketch. 21/05/25
20:18
Share
Originally posted by RoyE:
↑
AUD 0.05 per share cash is almost double where we have recently been trading. Having said this, a bid from another miner would not surprise me - I rate the chance at 50/50 but this is just my gut feel and not based on any definitive info. This bid does demonstrate that there is some third-party interest in Antler. I also understand that numerous base metal producers are looking to increase their Cu exposure, so this may bode well for a counter-bid. CAML does not seem to have any obvious synergies with Antler (except that it is a base metal producer), since its current operations are in Europe. Logic would tell me that a US based producer should have more synergies (and therefore be able to pay a higher price) than CAML. Anyway, time will tell - it's a promising start and NWC is now absolutely in play. GLTA & DYOR
Expand
Spot on @RoyE
(20min delay)