AOR are you selling to CHEAP.
Placer Dome from what I can see has a market cap of 4.4 billion USD or about 8 billion AUD and produces 2,500,000 oz of gold per annum.
AOR is has a market cap based on the Placers offer of approximately just under 2 billion AUD and produces about 1 million oz of gold per annum.
Looks a touch short to me.
Opinion welcome.
Gyro
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