LIQUIDATION & BALD HILL FOR SALE, page-474

Each to their own but I'm lowering my expectations to the final bid result.


I only working on MIN paying a base sum of $500M - $90M secure debt / 1.5B SOI = .27cent. I rounded up the amount of SOI to be more conservative on the final output. MIN will improve their bid if the IER comes in positive which I'm also not anticipating it to be.

Any third-party bids which is higher than above then becomes a bonus which MIN will likely match as Bald hill is key to the regional hub strategy.

Best to set expectations low so that you will pleasantry surprised if it final result comes in higher.