Yep MOD (Mod Resources), Media got wind of a takeover offer or something a long those lines.. I believe that target project is in African country. The tricky thing for SFR taking G1A is that 1. They can't get a foothold buying on market and 2. Management own a large controlling stake here (plus options too) and I doubt they will let it go cheap. Everyone knows we have a project of superior quality and superior quality requires a superior premium.
I see plenty of upside from your buy-in price as I'm looking for a target north of 65c (pending certain milestones being achieved i.e A good financing deal, OT and a bumper NPV upgrade)
I'm happy to be on the same ride with you guys here and also from a similar starting point.. lets all make some money
GL
20s and onto 30s, page-31
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