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3.9¢ aphrodite gold limited

I would personally feel disappointed if we were bought out/ sold...

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13/09/16

18:29

Post #: 19129160
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Originally posted by Barolobill ↑

The more i research other gold companies, the more i can see some form of corporate tie up happening. Think about companies like DRM & MOY, both small, but with growth aspirations and spending $15mill & $10mill on exploration respectively.

What price would they pay for a 1.4mill oz resource, with a completed PF/DF study, possibly within 12-14 months of production?? All with good mine life (6+ years), low AISC & some bonus exploration potential thrown in.

It needs a company that has cash, or the ability to raise/borrow (at least $50 mill to bring into production) and Development/mining expertise.

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I would personally feel disappointed if we were bought out/ sold off prior to production.
Realize it's not in my hands, would like to think Peter and co would see it through to production and be rewarded along with all shareholders , for their patience and resilience.....

AQQ Price at posting: 3.0¢ Sentiment: Buy Disclosure: Held
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