TSXV:AAA.P - Post by User
Comment by
potashluveron Apr 09, 2014 7:47pm
500 Views
Post# 22432759
RE:thanks Jubatus........
RE:thanks Jubatus........
thank you Jubatus for this (agree AAA would be thankful on a 85¢ complete takeout price): "Standard takeout premium is in the 40% range, so we better hope the share price is sufficiently high at that point. The one consolation is that Liberty has been in this for a very long time and will want a proper ROI for the strong committment they've shown to a high risk project. If you're anywhere near their average cost (I think it's around 60 pennies?) then you have some comfort knowing that your interests are aligned with their interests and they have clout."