AAG WGR

Ann: Lodgement of Bidders Statement by WGR , page-14

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  1. jtaylor1
    3,890 Posts.
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    17/03/11
    18:03
    Post #: 8071209
    jarg,

    WGR shareholders end up with, from memory, about 60% of the merged company and AAG shareholders about 40%.

    Does that seem reasonable to you given we have:
    - more cash
    - more gold
    - earlier development options
    - infrastructure in place or nearby?

    It's the wrong way around!

    WGR's ROver field COULD be as good with a heap more expensive drilling. Then again, maybe not.
    AAG Price at posting: 25.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply
 

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