Recent Gold M&A in Australia - Big Premiums on Acquisitions, page-216

scalper ... good tip there to have a gander at said research. Ta. I did so this morning. It's actually pretty well written for the less than expert mugs in the gallery readers ... like me. (!)

However, I was a little uncertain of the 6c valuation and "assumptions" made to arrive at that. Needless to say there are any number of events that can occur that can impact a future stock's SP, but is it a reasonable assumption (do you reckon) the 6c was based on resource numbers etc as they are now, or were they assuming further exploration success in those figures? The broadest most general response is all I'm fishing for here btw, if you have an opinion or comment. I already have some but added to them this morning - have been in the queue since yesterday actually. Agree, this stock does look incredibly set up for a very rosy future if a few things go their way.

Cheers and thanks,

Kip