GREY:GDPEF - Post by User
Comment by
kenmaron Feb 24, 2019 9:47am
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Post# 29405612
RE:****STREET RUMORS*******
RE:****STREET RUMORS*******
Keeping up the hope! I love it!
Do Leftbook's ( and Leigh's ) numbers give an idea what another company would have to pony up, at the minimum? What I mean is, if a company called Tom Guthrie or Jack and said " We'll take it! ", what amount of cash would be needed? You have to take into consideration all the legal and consulting fees that would go along with it. Again, ANX paid close to 900k ( I think ) for the unsuccessful MAE bid. There's a financial risk to another company. Not a lot of companies can risk throwing away a million or two right now.
If a company wanted to takeover, what would their financial obligations be to get the thing running and making money after acquiring it?
Two - five or more million?
Could ANX do it right now? What's their cash/credit levels?
Could BTR do it with some of the 30 million they're raising right now? (Pp closes March 15)
MAE wouldn't have the cash I think, unless they do a quick pp with lots of Sprott.
Atlantic? You never know.