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Bullboard - Stock Discussion Forum Afferro Mining Inc AFRIF

Metals & Mining Industrial Metals & Minerals

GREY:AFRIF - Post Discussion

Afferro Mining Inc > Buyouts everywhere we r soon
View:
Post by Probability on Jan 14, 2013 9:12am

Buyouts everywhere we r soon

The high end gives and easy .70 gain
Comment by LTGoldBull on Jan 15, 2013 1:05pm
Bought my first 1600 this morning as a takeover play. Probability says "The high end gives and easy .70 gain" The IMIC offer supposidly 31 Dec NR, was 115-140 pence (C$1.74-$2.12 at pound conversion 1.5168) $90M Cash as of 14 Dec 2012 with 105M sh o/s, 112 F/D The NPV post Tax $4.6B in the PEA, discounted to 5% is $230M,..this based on a Resource Estimate from Nov 2011 ...more  
Afferro Mining Inc