What do you think Ridley will be sold for (the 70%) and what would it add to the share price?
The way the ore price is going I can actually see AGO holding out for 250 million plus. I also see that the sale is partly priced in but the higher price can drive the sp well above $3.00 and would like to see minumum $3.15-3.30 range short term.
Longer term as I have allready said I think selling out below $4 is throwing money away, unless one has a better opportunity.
BR Max
AGO Price at posting:
$2.83 Sentiment: LT Buy Disclosure: Held
