RE:RE:RE:More shares bought and cancelled.
Not really replying to share buy back.
Your thoughts about a low ball offer for a buyout of OSK. Not sure, if anybody will sell now...
I'm also not sure, how to value OSK. The only figures I have is from PEA 2018. You all know the figures...
NPV:
AU 1300 -> 413 MIO $
AU 1400 -> 581 MIO $
AU 1500 -> 750 MIO $
AU 1600 -> 919 MIO $
~ 2.9 Mio ounces of AU in the ground M & I, I
Clear is, there are some investments and cash available. Not sure how much now, but that should come on top for any valuation.
Now we have ~ 5 Mio ounces in the ground, higher grades more underground infrastructure...
Maybe NPV of 1000 MIO $ at AU 1500?
Upside not included...
We are priced at around half. No need for further discussions here. Manipulation, Corona etc. Who knows, but definitely a fail.
My concern really is a low ball offer ...