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Bullboard - Stock Discussion Forum Afferro Mining Inc AFRIF

GREY:AFRIF - Post Discussion

Afferro Mining Inc > IMIC Proposed Bid
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Post by LTGoldBull on Jan 16, 2013 5:52pm

IMIC Proposed Bid

https://www.platts.com/RSSFeedDetailedNews/RSSFeed/Metals/6967057

Hummm, $237M

What'a todays MCAP?

Cheers, Mark

Comment by LTGoldBull on Feb 04, 2013 12:00pm
Now almost 4 weeks from closure of the Exclusivity Period 13 Jan (Jindal some say?) Surprised IMIC (frontmen for Chinese?) haven't put their formal offer on the table, as in the previously stated valuation range between 114 -140p (C$1.79 - C$2.20 at 1.57 GBP) from 31 Dec NR. Some Analysts have Affero rated as high as 280p; Cash and a 5% NAV for just the one property Nkout is 188p ...more