Arch....if it was worth 800 mill again that would make the shares worth $2.22 (800/14=57 x .039 cents).I'm not sure how much the project and other investments are worth now. Buts let say the Nickel project is worth 200 mill and the JV with AFR (currently 48 mill cap for 70%) means ALB's portion is valued at 20 mill.
Based on that its 220 mill divided by number of shares fully Diluted (323m + 345m = 668 mill)gives around 33 cents.
It will be interesting to say the least....it could be a good move to buy up on open as there will be lots of shareholders busting to get out.
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