There's been so much M&A activity in the gold sector that I haven't been able to keep up with it all!
This might of have slipped the attention of most punters here, but 2 days ago Canadian miner "Fortuna Silver Mines" made a takeover bid for ASX listed west African focused gold explorer Chesser Resources.
There was an offer of a 95% premium on the sp!... doubling the value of the company overnight!
A few very significant factors are in play, that make AZY one of the best opportunities on the market.
- Chesser Resources are located in Senegal, if one Google's news on Senegal you would find that national unrest is arising in the last 1-2 days with protesters shot and killed by government
- Chesser's resources only total 860,000 oz gold @1.8g/t, with only ¼ of it near surface. Total Mineral Resources as at December 2022 were 860koz @ 1.8g/t gold over four deposits
Those 2 points alone, are enough needed to show that AZY is a far superior company with greater assets and ground, in the safest and best mining jurisdiction in the world, with higher-grade gold and $$billions of valuable green metals copper and cobalt with the gold.
I'll be patient, thank you very much
- Forums
- ASX - By Stock
- Recent Gold M&A in Australia - Big Premiums on Acquisitions
There's been so much M&A activity in the gold sector that I...
-
- There are more pages in this discussion • 120 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AZY (ASX) to my watchlist
|
|||||
Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $51.81M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.1¢ | $6.6K | 600K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 11761780 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 4252901 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
18 | 11813463 | 0.010 |
29 | 14476279 | 0.009 |
18 | 8676820 | 0.008 |
4 | 2250000 | 0.007 |
3 | 485000 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 4252901 | 9 |
0.012 | 9573237 | 11 |
0.013 | 9267216 | 7 |
0.014 | 3585500 | 5 |
0.015 | 2183332 | 7 |
Last trade - 10.03am 04/07/2024 (20 minute delay) ? |
Featured News
AZY (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO & MD
Anthony Noble
CEO & MD
Previous Video
Next Video
SPONSORED BY The Market Online