It was a reasonable offer when you consider it was for ore under the ground with little likelihood of being mined and shipped for many years. The valuation given by the company was the possible future value of an operating mine producing 15m tpa.
undeveloped iron ore, page-84
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Mkt cap ! $156.8M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | 75.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 78.0¢ | 736 | 5 |
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