Post by
Stockmoves1 on Jun 14, 2024 9:45am
Sharks are Circling !!
Is it possible we get a competing offer?? Listen to this interview and put the pieces of the puzzle together!! Kens excitement about this Supercell seems like a Game Changer in bringing the overall Resource up significantly. Kens comment on sharks like Newmont circling makes me think this offer has set a precident for a Rock bottom price to protect them from a lowball takeover. 43cts is basically $3 TUD .. add a zero and were talking lol. I have always said $8-$12 for TUD and feel that really is closer to target. The other interesting part is in spite of the talk about no funding, Ken talks about 5mill flow thru along with 5mil of hard dollars non brokered!! So contrary to rumor we have 10mill for current drilling until likely news breaks around supercell1 and that may be the ticket placing 9 months for a price war on AMK. Think about it if you are a Newmont do you want these other guys messing up a clear cut deal where they can hold out on their own for a premium or do we get a halt with a 60 or 70 cent offer from the likes of Newmont for AMK.. Like mentioned we sacrifice 1.5cts for insurance!!! Lots to consider.. The PEA is focus to bring in a new level of Investor.
Comment by
LonghandStrong on Jun 14, 2024 9:49am
These are indecisive sharks, have been circling for almost 5 years. Must also be skinny.
Comment by
Larry60 on Jun 14, 2024 10:03am
always sad to skinny sharks circling with empty pockets........
Comment by
Stockmoves1 on Jun 14, 2024 11:32am
You don't know that / the PEA will change it for all of us. Ken made it very clear the importance of not any PEA but a PEA done to the highest calibre that the likes of Newmont can sink their teeth into. We are likely 9/12 mths away from a PEA and Gold will be at $3k. What do think that will do for a buyout number when the grade will have risen closer to 1.5grams ?