Yes rik, the BSM shares alone are worth about 14 cents per MFC share, and unless we get a major market downturn or BSM runs into a major unforeseen problem, it's likely that the BSM holding will equate to around 20 cents per MFC share by year's end.
The share prices of many other companies with fingers in a number of pies (eg JRL, MLM, CFE) are usually below the sums of the various projects and shares which they own.
It just needs one of the projects to hit the headlines with some really good news to fire up MFC's share price. BSM might be the catalyst to boost the SP, but some real action on the Zambian project or one of the Australian projects would be welcomed by investors. We just have to be patient, I guess. And in the meantime, it's not so hard to be patient now that BSM is really putting some runs on the board. Mike
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