Share
6,287 Posts.
lightbulb Created with Sketch. 279
clock Created with Sketch.
20/04/16
22:10
Share
Originally posted by cdchi1
↑
Doesnt matter what the MKO SP is. If merger happens to be a EAR TKO Of MKO, it will be based on independent fair value assessment. The MKO SP then is meaningless as the TKO price will be based on the number of MKO shares on issue.
Cdchi1
Expand
Yes and if it comes to that I'm certainly going to enjoy reading the independent fair value assessment...how they break down the value of the two companies if it does indeed come to a full scrip deal>>>>
MKO -2mtpa+ plant + Camp +runway+ roading/power/dams etc + 270koz Gold resource + IRC shares + exploration project etc
EAR -190koz Gold resource + prospective exploration projects
It certainly can't be a 1:1 like the market current values ....