re: Ann: A$27 Million Takeover Offer by Palad... Count me out ...not getting my shares for that pitiful amount. NGM was about to release an upgrade to the JORC and have just hit the U hotspots ... Not a bargain ..that is robbery.
And mgmt have agreed to this ......why? Lets have a justification from mgmt why they think this is a good deal becuase I can't see it.
Shareholders DO NOT sell for that price. Wait for a better offer...!!! And if none better comes then good, lets drop this nonsense and get back to defining a world class resource... lets get on with the drilling.
As some said early it is much easy for a NGM share to double in price but much more difficult for a Paladin share to double
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