Strategy is simply-
NE- up for sell
Chatree 51% gone to Thai
30% will be given to investors
They will use all proceeds to reopen Chatree as they stated restart cost is more than $200mill.
How much dividend we will get ? Is it 0.001 per share?
All gone to open a risky mine.
On the other hand-
Keep NE
Get insurance claim and negotiate with Thai to reopen mine with a guarantee that it will not be suspended again. Use compensation money to reopen Chatree. Get fat dividend and fly share price to $4 to $5
Save Kingsgate from Metal Tiger, page-5
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$1.36 |
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Mkt cap ! $349.2M | |||
| Open | High | Low | Value | Volume |
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