jbm, unless I missed something, ARD will not own the USN shares, they will be passed directly to ARD shareholders.
I hadn't thought of converting some of my ARDO in the near term to gain some USN. Good idea, and certainly worth a thought if the sp heads over 20 cents in the near term, which it should. Particularly if anyone is paying attention to Kerry's words: 'The new structure is intended to convert Argent into a pure silver play'.
I'm all for ARD getting as much cash as possible so they can drill the tripe out of Kempfield and expand the scale of the DFS. 20Moz is just the start. I am also very interested in what they find with deep drilling.
Who knows, maybe they've got their eye on some other silver prospects as well...
ARD Price at posting:
17.5¢ Sentiment: LT Buy Disclosure: Held
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