the inspecie shares are worth approx 9% of the company by my calcs. The listed company will have a mc of $50m and an ev of $25. So lots of cash for infill drilling, studies and proving up the pgm's imo. No need for a concentrator as we'll get it treated by BHP so capex should be attractive. MCR is next door and worth $500m mc. GLTAH.
Ann: Mt Edwards Nickel Demerger Update, page-2
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