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Message: Takeout Example #1 (Arequipa)

This is the last takeout example that I'll post. Thanks again to BubbaBob for his four examples yesterday. Tomorrow, I'll averaege my four, his four, then average them all together, and we'll see where we're at for an average "Price Paid per OZ in the Ground"?

Anyway, I was not saving the best till last, I was just going in order of date/year. The 3rd example (Andean) will be the best by far!

Company:Ventana

Year:2011 (Mar)

Buyer:EBX/AUX

Gold Price:$1440

Takeout Offer: $1.43 Billion ($1430 Million)

Gold Reserves:3.5 Million OZ

Price/OZ Paid:$408

Shares O/S:110 Million

Share Price:$13.00

SLI Equiv:$11.44 (this is based on the offer divided by 125 Million O/S shares for SLI)

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