GREY:SWYDF - Post by User
Post by
crazytownon Nov 27, 2011 8:17pm
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Post# 19270391
takeover likely at approx. $3.50 IMO
takeover likely at approx. $3.50 IMO
If you use Hathor as an example $3.50 would probably get the ball rolling to try and takeover Stornoway. in my opinion anything below that would likely not fly with the major shareholders. Remember they just raised a ton of cash at $2.44 and the tremendous potential upside is blatantly obvious at this point. If in 5 years you can payback 800 million for renard and if the buisness plan shows a possible 40 year mine life, just imagine the potential EPS. Toss in Aviat, Aeon, Pikoo, a sane Europe, etc. and who knows what this company could be worth. But if it doesn't get taken out, sure feels like an EIGHT - TEN dollar stock minimum one day. Just my opinion, good luck to all!!!