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Why we have to approve GMD deal, page-20

  1. 2,030 Posts.
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    Great discussion and view points from everyone. Thanks
    It is straightforward that if a Vote of No gets up and consequential and possible CR required then the SBM share price would be much lower than that right now at mid 50c, low 60c.
    But if a Yes vote gets up. And Gwalia gets plucked away from SBM, senior debt got extinguished, leases settled…Additional C80m for Canadian reclamation bond gets covered from 197m pro-forma cash balance, leaving behind just over 100 million. Then could anyone help me to value a possible SBM share price or price range after the GMD deal completed!
 
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