Don't think I have seen a company approached so publicly regarding a possible takeover. Bit of a catch 22 for potential suitors...longer they leave it, higher the price. That is based on average or better exploration results in the short term. I have only been in Ampella since January. I suppose the takeover price guessing game will begin. I haven't the been in long enough to put forward a legitimate guess. Hard to put a figure on the undiscovered potential. Anyway, it is all good news for the shareprice. I would anticipate it heading upwards until an approximate negotiating starting point is reached.....Tim.
AMX Price at posting:
$1.05 Sentiment: Buy Disclosure: Held
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