Seeing that there is a strong feeling on here that a take-over is likely, what is a fair price???
Are we talking a price over or under a dollar. Even at $1 a share the buyer gets a $360,000,000 worth of resources for $40,000,000.... seems like a bargain to me. Surely it is worth more than $1 a share????
If the Chinese are involved then it's probably a strategic move by them to keep control of this resource??? would it be worth more to them then anyone else??
Why wouldn't AHR after the scoping study just raise the funds to mine itself???
I might sound greedy but a price over a Dollar would be nice :)
AHR Price at posting:
21.0¢ Sentiment: Buy Disclosure: Held