I reckon that 1.5 years ago there would have been less than your approximate SOI of 2.6 -2.7 Billion. However , it's an interesting comparison nonetheless....... ....an'm one of those ' Contrarian's ' who don't reckon the SP will tank as it has been mention here today. Reason is that the whole premise for the consolidation will dovetail with SKI's re-entry on the strategic stake end of things ......or something to that effect anyway. May be tailored in with a further ' Streaming ' component to the overall package .
Either way , they ( the Consortium ) vis a vis ALL participants will want the SP up and about at a higher levels than 2.9 cents .....and obviously once done will be underpinned by all the details and components of the funding package.....and therefore the ' Returns on Equity ' over LOM will be much greater on paper that otherwise would have been. Just my opinion and thought on some of the issues brought up in the forums today - and which I have been a proponent of many times previously.....
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