that’s fine, I’m just speculating and talking out loud. I do it frequently.
my other thought (and perhaps one I hope to be the case), Ganfengs payout includes a clause that any settlement in Mali becomes their problem.
therefore, we walk with the almost aud$70m cash in hand, + 5% us$65m + $us342m = approx aud$675m in cash, not a bill further to pay.
With approx 1.2b shares in the register 56c diluted price on a cash only basis. Even with a no project held, cash only basis, I wouldn’t assume our share price falls much if at all from our 50c close, though fair that they may be a few wanting to flee.
crushed goldmine is gone, interested to see the direction they want to take it… and it will start with rebranding… if hay stays (which I hope he does) he can turn it into a company, ground up, that is his with no stink of MA or AC.
Leave Leo in Africa!
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that’s fine, I’m just speculating and talking out loud. I do it...
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