Would have to go off resource estimates, get a value and divide it by shares on offer. This is why the ungraded estimates /drilling etc are so important. To improve resource/reserve estimates.
had Aztec resources back in the day, mt Gibson swooped and took them out way too early for too little a price.
i can see an opportunist takeover here. Too much volume going through for my liking.
would like to see this progress to production, however unfortunately I don’t think we will make it.
mess looking at ruversdale, apparently their resources were approx 180mT.
taken out for $900m.
there was some issue with Canadian revenue service that take a chunk of the offer price.....
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