Probiz,
Go over your notes again. When you do see that NSL need to issue a 3 billion shares in order to have 100% control. With those 3 billion, NSL is a $360million company.
CFR would need to get to about 10 cents to have the same market cap as NSL.
NSL has nothing over CFR as these levels.
Cheers,
Francoo the great.
indian iron ore... potential company maker , page-59
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