For myself, I hope this deal fails.
I'm prepared to hold and take my chances with the Eritrean political problems, as i see much more upside ( and exploration upside) in getting to production.
Best you'll see at this stage is perhaps 50 cents/share as an offer ( pretty significant premium on the recent SP), but nothing like the premium in 2 years as a gold producer, when it could be $2-$4 per share.I don't think thats an exaggeration, but it comes with risk.
Yes, its the long view versus the short I know, but the predator is buying precisely because of the inherent value as a producer.
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Last
97.5¢ |
Change
-0.010(1.02%) |
Mkt cap ! $383.1M |
Open | High | Low | Value | Volume |
99.0¢ | $1.01 | 97.0¢ | $661.1K | 673.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 34020 | 97.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
98.0¢ | 22642 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 31216 | 0.970 |
15 | 81524 | 0.965 |
21 | 124472 | 0.960 |
15 | 84939 | 0.955 |
27 | 265791 | 0.950 |
Price($) | Vol. | No. |
---|---|---|
0.975 | 7762 | 8 |
0.980 | 12057 | 6 |
0.985 | 59635 | 9 |
0.990 | 74447 | 10 |
0.995 | 204171 | 5 |
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