independant expert , page-5

30c would be a godsend for the Russians.

another example:
Atlas paid nearly §1.50 AUD per tonne for the Giralia takeover in February 2011. GIR's flagship project was in a similar development stage. But 30% of GIR's ressource included in this calculation was only low grade magnetite ore.


You could deviate a price of $0.73 per FMS share from this takeover deal. Only for PIOP, without considering Canegrass. And also without considering the better ore quality.

I'd be completely baffled if we won't the another bidder. But we should't forget: sometimes the market is a dog...