Target's statement is now due 14 March. And they'd better not put any airy-fairy numbers in there about what the offer is worth. It's worth what the market is willing to pay and that is currently 26.5 cents.
Why hasn't the pre-feasability study work commenced?
I'm voting no unless there is a higher offer. They should be getting those open pits up and running ASAP. Toll treat at RMS and then work out capital funding requirements for the underground mine from there.
Can you confirm Patto's was a net seller into the last cap.raise? A mate of mine told me 3m and I seem to recall you posted some numbers also.
JT
AAG Price at posting:
26.5¢ Sentiment: Buy Disclosure: Held
