What share price would the big holders sell for? It would not be...

What share price would the big holders sell for? It would not be low.

How much would SFR be prepared to pay? I suspect that it would be a combination of cash and SFR scrip.

Shares on issue are just under 409m.
10c a share =$40.9m.
20c = $91.8m.
30c = $122.7m.

Should I stop there?​

Of course, pre-consolidation we would have been quoting 2c, 4c and 6c respectively but the same gross money as I would have been applying a much higher multiplier.

What would you sell for temple?

I would certainly accept some SFR scrip as with all the Bryah Basin tenements at its disposal it could find multiple deposits, plus it has a few irons in the fire elsewhere that look pretty good.

Let's see! Say 20c a share ($92m) plus another $40m in shares = about 1 SFR share for every 100 AUR shares. That's only about 4.2m shares. Mr Fotios would do quite nicely, having paid between 6 and 8c per share. Others would not do that well. Some, like Mr Newton, would lose I suspect.

Am I too high?