Hi U
My mistake Ansteel already own 37% of GBG and will own 52% of KML so it would not cost them 3B to buy @ $1.50
It would be 1.5Billion shares x 63% @ $1.50 ea would be approx. $1.4 Billion to buy for the lot
or under a billion @ $1ea that's a bargain isn't it for 30years plus of a guaranteed resource?
sentiment, page-27
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