RE:RE:RE:Not a Done DealARGONAUTGOLD wrote: I don’t believe there will be a competing bid. The Net Present Value (NVP) with a 5% discount rate, gold price at $2,100 per ounce, and an initial investment of US$500 million, using Magino’s operating data from the 2024 guidance, is approximately US$120 million. This calculation excludes the royalties and hedges. I’m not trying to be negative, but this entire business plan took a downturn very quickly. Operational expenses (OpEx) at Magino are significantly higher than what was stated in the technical report and are about three times that of Florida Canyon’s OpEx. Alamos has the option to run their materials through the Magino mill, but that option will not be available to other companies. Other companies will be obliged to run low-grade materials through the mill. The operation is far from being ‘risk-free,’ as the other companies would need to construct the expansion if they wanted to profit from the operation.
It’s remarkable how dramatically things have changed.
seems like people were right about you
before all this long wided posts with mindboggeling figurs and calculations why Ar is a great deal and how people were beeing dumb not to understand as compared to now...
things havent changed THAT dramaticaly other than a buyout offer was received.
and YOU of course on the opposite side with a pessamistic view
mmmmmmmmm whats your deal
but yes all the issues exist and thats why the offer isnt so bad at all and gets better as Alamos SP goes up and the only reasonable answer for shareholders (if no better offer comes along ) is to vote
YES to the buy out.
i ask all the im gonna vote no guys ... what do you think is going t0 happen to AR shareprice if this deal dosent go thru?????