RE:RE:RE:High grade elephant I wouldn't call it a high grade mine which has scared away investors but AGG's 2 million oz Au project in Mali looks to be an extrmely attractive potential investment especailly after Pinetree dumped their position due to its weak financial position. A lowball bid likely would now be more acceptable given the new makeup of shareholders from sell off.
The discounted NPV is 200% above its capex requirement which is not common and the stock's market cap is currently trading about 2.5% that NPV number.