mongrel,
the exploration potential is not part of the deal.
bhp want umc to shed all other tenements other than railway.
i agree with ur $1.67 valuation, plus a 10% premium, gives you $1.85
that is at least fairer value than $1.30!!
as for the directors, these guys are monkeys dressed as clowns who've taken over the circus and let the lion out of the cage to run amok in the audience!!
morons!!
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