Dave,
I would have to say the ball park seems to big.
Michelmore won't pay up to $1.50 and I don't think AGM management would accept anything less than $2.His only chance is to offer 50c of script and many will stay in as they see benefits with the long term of Avebury.$1.50 would do many, I think.
We will have to wait till after ZFX goes to China to see Jinchuan, to find out what is really going to come of this bid but for mine, it is dead.
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