Ann: Westgold Lodges Bidders Statement for Aragon, page-10

re: Ann: Westgold Lodges Bidders Statement fo... It will be interesting to see how the Independent Expert's report deals with RUM shares (currently trading at 60 cents). That's $10m worth, plus (from memory) $14m cash = over 10 cents per share. With WGR SP at 29cents that means 19cents per share E/V or around $44m for the CMGP. $22 per ounce. It's too cheap IMO (should be closer to $30 IMO), or 40cents per AAG share.