Market Cap is now around $11 million
With cash around $3.5, ABK and ALD holdings around $3 mill leaves around $5 mill attributed to Xolobeni and Tormin........and Xoloneni was valued at $80 odd million?
My research: no decision will be made until after the April elections - the road is being approved the government want the sands project
Now come May/June when approval is given MRC will be on the Market and on the radar screens of the likes of ILUKA, Richards Bay, TOR, RIO etc
If you can"t wait a couple of months sell....I am holding!
Too much upside risk to be out of it!
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