GUF guildford coal limited

Craig Ransley back as Chairman, am buying this, page-8

  1. 4,343 Posts.
    lightbulb Created with Sketch. 1221
    more interesting numbers

    - our wonderful "internal valuation report" released a few months ago said they valued Mongol ops @ NPV of $400m (even in this weak price enviro)

    - then we got a USD $22.5m ($25m AUD) offer from SINO to buy our AUS assets

    - NOW sino offers 6c for 800m shares (roughly AUD $50m).....hmmmm.......ok.....right

    here comes the Complex math (get ready - its a tough one):
    AUD $50m offer for ALL of GUF
    less 25m offered for AUZ assets (vast and excellent "growth" assets")
    = IMPLIED $25m offered for a $400m valued MINE

    and this 1 mine is NOW PRODUCING and capable of RAMP UP to 8MT per annum...hmmm....

    hmmmm....where do i sign? NOT....
 
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