True, but say you takeover it before benefication results are proven, then you get in cheaper, based on our $20m odd market cap.
But if benefication results are released, then our value would probably be $40m, so AGO will have to pay a premium on top of that say $60m (about 60c per share).
Plus I'm sure AGO has very capable technical skills to do the benefication themselves, esp. if they have tenements surrounding ours. They should know the general geology of the area including our tenements well to do it themselves.
DMA Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held
