This is all true, however, where is the significant resource increase and scoping studies upside accounted for?
I personally think an offer around 40-60c will be put forward when the time comes, even if it is not the fair or true value...
Interesting to note that the HK$ buys 26% more AUD$ than it did when Dingyi made their last takeover offer in 2013.
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This is all true, however, where is the significant resource...
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