Magadan,
in the proposed RDI float there will be other resources other than Iron Ore so we are led to believe.
Also uncle Clive will give himself a substantial number of shares for all of his assets he is putting up.
So I don't think it is a straight calculation as you suggest as there are many things to consider and we won't know all consists of until we see the prospectus I suppose.
is $2.20 still realistic, page-5
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