ridley sale, page-4

I find the Ridley sale interesting - I would think that a sale is no more that 3 weeks away.

THe interesting thing is actually on the up side as the resource 2 billion tonnes is actually more like 4 or 5 times that. 2 billion tonnes is still a 25 year mine life so how does that effecrt the sale>

Say its worth about 10 cents a tonne in the ground then the potential sale price is anywhere between 200M and 700M. Last time i saw any press the sale price was guessed at around $235m or around 18% of market cap. It will be interesting to see what this does to the share price.