ASL andean silver limited

Take Over action increasing in Silver space.

  1. 10,609 Posts.
    lightbulb Created with Sketch. 6079
    https://wp-magsilver-2024.s3.ca-central-1.amazonaws.com/media/2025/05/2025-05-08-MAG-Presentation-Spring-2025-Update-2.pdf


    The above is a link to a company presentation by Mag Silver, a north American silver company.
    MAG’s cornerstone asset is the 4,000 tonnes per day Juanicipio Mine (44% interest), located in the world’s preeminent region for silver and operated by Fresnillo Plc (56%).

    Very rough overview, 300M ounce resource, 400g/t grade, somewhat similar mineralogy to Andean ( read their presentation to take your own view) a larger production capacity but they only own 44% of the project so not that much more on a pro-rata basis than Andean are sitting on.

    Overnight, they accepted a Take Over offer for their 44% holding of the project at a price of US$2.1 Billion or A$3.3 Billion.
    https://panamericansilver.com/news/pan-american-silver-announces-agreement-to-acquire-mag-silver-corp/

    Similar targets and value for Andean are a realistic goal IMO..


 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$1.23
Change
0.000(0.00%)
Mkt cap ! $226.6M
Open High Low Value Volume
$1.25 $1.27 $1.21 $1.072M 866.8K

Buyers (Bids)

No. Vol. Price($)
1 20491 $1.22
 

Sellers (Offers)

Price($) Vol. No.
$1.26 3985 1
View Market Depth
Last trade - 16.10pm 01/08/2025 (20 minute delay) ?
ASL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.