RE: pottersfield20 Dec 2018 12:13
I'm not saying anything is impossible but majors wont be looking to hand over a large sum of cash... it seems to be the case that we see these stages takeovers with earnings increase as mineralisation is extracted. I'm no expert on mining takeovers but the market will likely react the same way it did omi or whatever it was called. a lot of variables depending on prospective size of resource etc. but nobody is handing over £750M quid to get us to 25p. I appreciate the SP doesn't always reflect NAV but 25p is a ftse 250 company.