I wonder how our potential buyers felt who woke up this morning and looked at this ?
What has our Resource increased in Value since initial Bid received in January when Gold was only $2,000 & Silver just $22 ?
2.5 million ounces of Gold x $414 increase = US$ 1,035,000,000 ( BILLION ! )
22 million ounces of Silver x $9 increase = US$ 198,000,000
Hahaha, so are there any rocket scientists among us to work our if Gino is in the Box seat or the 4 potential buyers ?
Just for fun, what's a US$1,233,000,000 increase converted to Aussie @ 0.67 you may ask ? = $1,840,298,507 (BILLION Aussie)
So what do you all think ?
Do you think we can squeeze out an extra couple of million up front and no waiting for royalties of say $150 million aussie cash on settlement when the Asset they are buying just increased in value by $1,840,298,507 over the past 4 months whilst negotiations have been going ?
Just $150 million aussie ( US$100 million ) is a whopping 0.7894 c per share...
Why not ?
WOWEEE !
MTC Price at posting:
24.5¢ Sentiment: Buy Disclosure: Held
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