mt bev fair value, page-13

big i think if lcy decided to buy up haw shares on market that would push the sp higher than any offer they might make for mt bevan. i also don't necessarily think that the price nmdc pauid for 50% of lcy should be any gauge for what they will pay for the remaining 40% of haw. nmdc made some big promises to lcy shareholders which they are yet to deliver on anything. haw isn't relying on them for anything as theyve made them no promises. srk valued haws 40% at around 100 mill i think. id be wanting at least half that. personally though id be happy to see them forward sell the dso to someone to help haw stay in the game with mt bevan. their gold is a long way off imo (anything decent anyway) so for me mt bevan is the main game. if they do sell the remaining 40% of mt bevan and i can break even or make a profit i'll be long gone (down approx 50%).
imo dyor