EXT 7.69% 1.2¢ excite technology services ltd

i smell $10, page-19

  1. 130 Posts.
    Thanks for your response- well that's the issue- if Rio is prepared to pay the right price. But also how does it benefit the Husab project- which is what Galloway is concerned about- for a bidder to pay a lot to capture Extract when a joint venture is on offer with Rio?

    Depends on your time frame- a cash bid enabling current shareholders to pocket a profit is obviously attractive- on the other hand, down the line when Husab starts producing there will be dividends from the cash flow.....
 
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