Now that the PFS is done and it shows a robust project with plenty of upside given the small amount of the overall area being explored, why doesnt someone lob in a low ball bid for the whole company?
I have read stories about how there is plenty of cash looking at projects such as KFE and given the low market cap, even offering 30c would give you change for $100m... and that is peanuts for someone like Xtrata/Rio/Vale or some of the other global mining companies with a presence in Africa.
There isnt even any speculation built into the share price about this being a possible outcome.
Scratching my head.
now...
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2.7¢ |
Change
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Mkt cap ! $97.15M | |||
| Open | High | Low | Value | Volume |
| 3.1¢ | 3.1¢ | 2.7¢ | $332.5K | 11.36M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 813525 | 2.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.9¢ | 200000 | 1 |
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