the countdown has begun, and the numbers are looking quite interesting........
mc on 23/11 was ~35.5m earn-in value in excess of 35.5m for < 50% of project gives a project value > 71m if a deal were to be consummated on the above terms, were looking at > 0.34cps before working capital and other assets.
while we have had a few nibbles here and there, the only real bite has come from an existing sub holder.
so the question remains, will the deal be done this time round?
GUN Price at posting:
19.7¢ Sentiment: Buy Disclosure: Held