Any idea what a realistic & conservative take over share price would be ? ... not sure how to evalutae this with all the variables - Mining infrastructure cost - Grade of ore - Cost to extract ore - Transport cost
Obviously its a no brainer for RIO to buy this as they have everything in place and sit directly on our boundary already
25c would mean a buy price of $60M for the company
50c would mean a buy price of $120M for the company
$1 would mean a buy price of $240M for the company
$1.25c would mean a buy price of $300M for the company
$1.50c would mean a buy price of $360M for the company
$1.75c would mean a buy price of $400M for the company
Thanks ... apologies if my calculations are not correct
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