Re: AA Buyout - 1st time poster.4 Mar 2021 19:28
1st time poster - Avid reader of the boards.
Must admit I've not had the best of luck with AIM shares , CTAG , FRR and NUOG to name a few.
However I Have high hopes for XTR and hoping for an AA Buyback. Have held since 2016 and have seen some dilution few years back.
Excuse my ignorance but if it all goes well and AA buy back goes ahead, how will the Share holders be rewarded , will the SP just shoot up or would it be some sort of dividends payout for the sale ?
I have no doubt that this is a monumental find and all going well ASSAYS will be positive and a steady rise seems on the cards but I'm thinking about the end game.
Will a joint venture with XTR and a major to mine the find be a possibility or does it (as I believe) seem more likely that CB wants to prove the assets and the commercial viability of the resources and sell to AA or any other interested major.
Cheers ,
Gary