Consider Cuadrilla's project in the Bowland is valued at ~980m AUD.
NHC could purchase DTE for 2-300m IMO and spend 200m more on exploration and still have 5-600m up its sleeve in value.
That's a steep discount on the amount of value 200m in exploration would create for NHC.
This is an encouraging development even if a direct TO by NHC doesn't eventuate.
Looking forward to the confirmation of the chinese & Indian transactions = +20m in the bank.
We should be due a JV announcement anytime now.
- Forums
- ASX - By Stock
- DTE
- nhc takeover of dart - increased stake
nhc takeover of dart - increased stake, page-3
-
- There are more pages in this discussion • 40 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DTE (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online