"minmetals has expressed an interest in getting the other assets
perhaps share holders will end up with Prom Hill and Minmetals will get the rest for $1.3bn
minmetals could get about $1.40 worth of assets for 36c per share
banks will get their money
that would leave oz minerals share holders with Prom Hill
or 50c"
Yes KG...and isn't that probably a better deal than having MM walk away with PH as well?
For Oz shareholders to be debt free, and hold 100% of PH would be a good outcome in my view, and essentially what I have suggested for some weeks. What would PH be worth at the top of the next cycle...$4, $5 a share maybe?
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