So for fun and games I plugged this into my spreadsheet I have for HCH.
IF we were to get 500mt at .65% Cu equiv for 3.25 mt of copper and were to receive a takeover at market prices (USD$180) - ie. at the transactional avg not takeover avg.
The price would be AUD$0.37 per share.... which takes into account all outstanding payments etc.
Purely hypothetical but shows the scope this has in it.
$?Bill in a ? Life mine, page-178
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