Ok, why would someone pay out 13-17 dollars per share, for a mine thats years off production when they could offer a 50 percent increase on the PDN share price and get company already in full production?
Simrose, I don't think I ever questioned the analysts figures?? Just pointing out that the Forsey's takeover is probably not a good bench mark to use. We were in the middle of a U bouble and companies were scrambling to get there hands on resources. Completely different playing field now.
good rcr report out, page-16
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