they should only have to release the same details as all others in the mining industry, no more no less
xstrata, I believe is a problem, they pay the bottom dollar for takeovers, or did in the past, remember MIM
but at the same time if the details are so good, that puts aum in the spotlight for a takeover at a premium
that is good for them
mccrae is 59 years old, had a salary of 60.000 for past 3 years, so even though he reckons he is not interested in money, I dont believe him
he does not appear to be a wealthy man
so if the details are good, maybe a takeover at 7.00 a share would make him a multi millionare and he could retire, or keep running it, or looking for another deal
cheers
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AUM
australian mining investments limited
weekend afr article, page-2
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