Its on a 57% attributable basis. It really should be 60.3% taking account of holding in subsidiary. Give me a day or two, and i'll try and calculate the 80% basis. I think it roughly cancels the $400 m US iron ore prepayment, (about 150 m difference in total value in Mins favour) so it is a bit unfair to include one and not the other, so i think the way i'm doing it is long run fairly accurate.
MIN Price at posting:
$23.71 Sentiment: Buy Disclosure: Held
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