Re: Think they can afford us
in response to
by
posted on
Jul 12, 2011 09:23AM
Black Horse deposit has an Inferred Resource Now 85.9 Million Tonnes @ 34.5%
nice call Blackfly pretty scarry stuff.
Cliffs pays out 36mm in dividends in 1 quarter.
kwg worth 57mm give or take on any given day.
Do you think the mouse has a chance with this cat? How close to the edge of the cliff are we.
Is there a rush to start thr Rail LIne PROCESS?
Is there a rush on to break out DD?
Why I wonder??not really!!
Take out with pocket change comming. They dont even hav eto buy that much another 32% will give them control. and cost themn a little over the dividend they are giving their shareholders.....writting on the wall just a matter of whether it is .15c or 30. More likely somewhere in between, Shareholder bonus will be DD if they manage to extract it before the event. I dont thgink dividend of DD will impact on the price of KWG when the take out occurs.
LOTS OF luck everyone.