Page 55 ,56 Based on pre announcement share prices the consideration range would be: Low $ Preferred $ High $ 3,091,000,000 pre consolidated shares 92,730,000 123,640,000 145,277,000 Cash 19,913,000 19,913,000 19,913,000 Cost to acquire all of the shares in International Minerals 112,643,000 143,553,000 165,190,000 Share price assumed to be 3.0 cents 4.0 cents 4.7 cents If the post announcement share prices are used (after 7 August 2006), the consideration would be: Shares (pre consolidation) Cash 324,555,000 19,913,000 463,650,000 19,913,000 726,385,000 19,913,000 344,468,000 483,563,000 746,298,000 Share price (pre consolidation) (not discounted) assumed to be 10.5 cents 15.0 cents 23.5 cents
ARH Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held