SBS sub-sahara resources nl
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sbs worth $5-10m +18%

  1. rampa
    120 Posts.
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    20/01/06
    11:15
    Post #: 1328289
    Agree wiza.
    SBS has 48% of Asmara at this stage.
    When negotiations start SGC will place on the table, costs of completion of feasibility study approx $5-10 million ( 30% Asmara stake ) + purchase rest of SBS stake of 18% Asmara.

    So what is Asmara worth ?
    What is SBS's 18% of Asmara worth ?
    When will the final Fair Market Value be struck ?

    A lot of unanswered questions at this stage.
    SBS Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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