your right toafk, but may be a bonus for IGO . Not sure what the industry is using to value resources, maybe $50 an ounce. That would value Tropicana at say $200million. So IGO could pay $40million to get to a 50%share of the most exciting gold discovery in Australia for a long time.
Having $140million in the bank is what counts right now
I had no idea how financially weak Anglo was with a billion dollar convertible bond to refinance
delays for tropicana, page-2
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