VKA 8.33% 1.1¢ viking mines limited

Ann: US$10 Million Sale of Akoase Gold Project, page-16

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  1. 3,646 Posts.
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    "The sale follows a selective tender process conducted over several months by Viking’s corporate adviser Emerald Partners to secure an appropriate purchaser of the Akoase Project. During this time a number of indicative non-binding offers were received from a range of international mining and exploration companies, with the Chinese party that controls Akroma ultimately successful. "

    there are many other potential buyeres waitting. So if not $10m how about USD$8m....$6m....$5M......

    At this stage, I still donot think the Chinese buyer will throw the USD$290k away in this. They will negotiate the terms

    1.3c is bargain, 2.3c is easy .and what will happen in next 14 days?
 
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4 1395444 1.0¢
 

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Price($) Vol. No.
1.1¢ 447286 2
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