RE:RE:RE:Anybody Hazard A Guess?Thanks for your insights. I had close looks at AEM last night, and it looks to me like much of their existing production profile is nearing end-of-life. And reading between the lines, Barsele would seem to be high up in the rankings of projects to transition to development stage.
So just maybe AEM does not hold all of the cards, after all.
Kingfish101 wrote: t72p I agree with your guess, that is I partially agree. The buyout offer will indeed be stated in US Dollars. That said my guess is “north” of $ 4. I think you and others will find the buyout payment per oz well above the $ 150 per oz., “customary amount”. There are just to many positives to this huge parcel.
Other things to consider From the AEM side. Given a current spread of $ 500., per oz variance from AIC of $ 750., per oz, Kittila comparison. AND, assuming you get the mine into production say 1 year earlier than anticipated by bumping up the takeout share price. AND, assuming you come out of the shute with 300K oz production, first year ( Kittila is producing about 200K ozs at 2009 mine built technology ) AEM will have a150M headstart in regard to the perhaps 400M Capex. AND, AEM looks better “now” rather than “later” in comparison to the “big boys”. All in my opinion, only.