Brogana Why on earth would AGO want to be distracted by the coal assets of AJM?(or for that matter the lithium garnetts base metals etc)Focussing on a different product on another continent is the best way to take your eye off the ball.
Conversely why would AJM want to divest itself of the area where most of its expertise is concentra ted. A simple buyout of AJMs remaining Mt Webber assets for say $40 mill would be far more effective (about 2/3 of AJM mkt cap).
Good for AJM and great for us.
I hold both so would be doubly happy. Have also bought Hannans because the stock value they held in AGO was greater than their MC.Rest of the company for free plus a little extra. Watch this(AGO) fly when the quarterly comes and further when USA stops its ludicrous brinkmanship Any other plays like this around?
AGO Price at posting:
$4.04 Sentiment: Buy Disclosure: Held
