The mine was valued by two independent brokers using 3 methods of valuation that all came in at 60 cents a share for the mine. If so, this combined with ACS other cash assets and tangibles will bring the share price to 80 cents a share.
The mystery with ACS has always been the true value of their main mine currently being negoiated for sale. I truly hope for all shareholders the brokers were spot on at 60 cents are share = 80 cents a share in total.
We are about to find out!!!! Hopefully we will all be doing cartwheels in our living rooms shortly.
Best wishes & good luck everyone.
ACS Price at posting:
37.5¢ Sentiment: ST Buy Disclosure: Held