Re: Reject this Merger Can someone explain the deal including options/warrants in layman's please.
Re: Perseus Mining bids for Amara Topped @12 p
Re: Reject this Merger I had much worse scenarios in mind, such as a farm out deal - in which case shareholders would have lost 70% of the project. This deal gives you all of the project and ties in with another very similar project plus option projects. I highly recommend listening to the Perseus earnings calls on their website and obviously the webcast from this morning. Perseus are the real deal and this merger represents a positive way forward to potentially add major value. The deal (post warrants) is close to 50:50 and our value in Amara is directly proportionate to Perseus - this isn't a cash deal, we're getting a chance to own part of a 500,000 ounce per year producer by 2020, sitting on the low end of the cost curve. The synergy between these two companies makes this deal seem like a no brainer, and with the options you can leverage up or top slice if gold moves- and if gold moves against us then there's no obligation.
Re: Reject this Merger The deal stink and have decided to sell out. Now park the money in HOC.
Re: Reject this Merger Agreed. This is a deal to suit the Directors, not the shareholders. I'll be voting against.
Reject this Merger This is a pathetic offer and will leave AMA shareholders with worthless warrants and shares that can not be traded in the UK.In my opinion with gold in a new Bull market Amara would be better of staying as they are as much bigger offers or a complete cash offer takeover will be forthcoming in the future.
Re: Perseus Mining bids for Amara RNS 7am. ( Monday )0.68 perseus plus 0.38 warrants ( any detail on warrants )value 14.6 ?On Sat Steve more / TW. ( S.P ) tipped it as buy.
Re: Perseus Mining bids for Amara MUCH too cheap. But isn't it a done deal?
Re: Perseus Mining bids for Amara Too cheap.
Perseus Mining bids for Amara [link]
Cantor Fitzgerald 50p Target... AMARA MINING PLC with EPIC/TICKER LON:AMA had its stock rating noted as ÔReiteratesÕ with the recommendation being set at ÔBUYÕ today by analysts at Cantor Fitzgerald. AMARA MINING PLC are listed in the Basic Materials sector within AIM. Cantor Fitzgerald have set a target price of 50 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 426.3% from todayÕs opening price of 9.5 GBX. Over the last 30 and 90 trading days the company share price has increased 1.628 points and increased 2.25 points respectively.
PFS delivers Exceptional Results This mornings RNS is very positive. This is a very commercially attractive scheme even in the current market conditions. The shares deserve to be rerated.
Re: Possible Take Over Target Should be about 15p at the current Au price of 1220, if compare to last year.
Possible Take Over Target If gold continues to do well, and this share continues not to follow gold up, is it a possible takeover target. The reserves might make it attractive to a larger player.
Re: Au small miners buying time Amaras Mineral Reserves Valued at US$9/oz