what value the musongati reserve ?
Norilsk were prepared to pay about $6-7 bill for lionore.
i would assume that the musongati deposit is bigger than lionore and allowing for a discount of 50% for being in africa because it can be unstable at times.
this equates to $3 -$3.5 bill.
not a bad purchase for a company with reserves of $150 bill (@usd $40,000 per tonne) plus other mineral content.
AGY with 100mill shares on issue and this equates to $30 -- $35 per share.
i would like you comments.
the current shareholders are in a very strong position ( if they afford to hold) because the predators are out there but if there is no stock to sell , then guess what .
enjoy the ride and be patient.
seadog
"a fool and his money are easily parted"
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8.4¢ |
Change
0.004(5.00%) |
Mkt cap ! $122.2M |
Open | High | Low | Value | Volume |
8.2¢ | 9.0¢ | 8.2¢ | $272.9K | 3.164M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 146998 | 8.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.4¢ | 79520 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 146998 | 0.082 |
4 | 316055 | 0.081 |
4 | 114425 | 0.080 |
2 | 125000 | 0.079 |
4 | 417778 | 0.078 |
Price($) | Vol. | No. |
---|---|---|
0.084 | 79520 | 2 |
0.086 | 123596 | 1 |
0.087 | 103194 | 2 |
0.088 | 60000 | 1 |
0.089 | 11032 | 1 |
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