AOH 0.00% 12.0¢ altona mining limited

boliden play, page-13

  1. 499 Posts.
    Thats correct psi81 however Boliden are the only buyer of the concentrate at this stage. The KL - LL mine and assets may have more value if there is more upside in the leases. Also as I mentioned the Finnish Geological Survey is doing a lot of tax payer funded drilling around the Finnish green belt . Boliden want to integrate the mines into their smelters. My opinion is that a buy of the Finnish assets is on the cards . 232 million euros for Pyhäsalmi of a bigger plant and more reserves and production would mean its cheaper for Boliden just to knock off AOH and sell off the Oz end with all the overheads tipped out .
 
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