take over value = 1.75cps, page-3

angk43, I think you are over killing this to state .4/.5 fund raising and I certainly disagree that this level is right for now.
PRE has had some fantastic assays over the last 2 years and infill drilling will confirm a resource way beyond what we have now. It's been picked at around 1/2 mil oz which put our value way beyond the conservative calculation that I have posted, so to say today's SP is about right is leading people way off track. fair value IMO stands at 1.2cps. If we were to be taken over the value today is 1.75cps.
So lets see what Rodney comes up with, next round drilling is imminent.