crikey - assets sales tomorrow, offer price up, page-31

"Your colleague, Adam Schwab, mentions that it was valued by Grant Samuel at $707 -- $815 million early last year. Correct, but no one believes that any mining asset is worth anything like they were last year, as evidenced by other asset sales in the industry of late.$US 200 million is much more than any other offer, and probably ‘over the odds’ in current market)".

Why would Martabe only be worth $200 million when Gold is near record highs again. LGL's share price is getting up near its old highs, which shows that the big boys view gold shares highly.

Are they selling it way under value, or am I missing something.