re: Ann: Indicative Proposal by Daton to buy ...
Well the share price has held up remarkably well. Based on today's buying, I am hopeful the deal is all but done.
With cash backing of around 17c per share (if/when the deal is complete) and some good projects to then explore, I would hope for a target of around 14c.
Realistic? I think so and an initial 40% return from current levels.
Lets hope we hear early next week.
Milesy
KRB Price at posting:
9.4¢ Sentiment: ST Buy Disclosure: Held