RE:RE:RE:unimpressed....I agree that would be impressive.
My guess though is it won't happen until the acquisition of ELG has been completed and then will depend on the price of gold at the time, as that will determine profitablity going forward.
Actually I'm a little surprised the SP is where it is right now, as it means ELG shareholders would be getting a premium for their shares if they take MND shares - 0.4111 x 0.99 = 0.40 which is more than the 0.37 offered in cash for ELG shares (and there's a dilution to consider too if new shares are issued).
SP should be sitting at around 0.90 IMO until this works through
But, my math could be wrong...
Good luck to all.