exs sold cloncurry for 175m, page-10

JTANG wrote "EXS sold Cloncurry copper project to Xstrata for 175m. AOH's Roseby copper project is twice the size of Cloncurry. Work out yourself."

Ok well $175m * 2 = $350m divided by 472.1m shares = 74 cents per share plus 27 per share for Outokumpu Finland, which values AOH at $1.01 per share.

However I fill confident that AOH would want a far greater amount for Roseby than $350m.

Also Fosters has the cash valued at 13 cps.


So that would give AOH valuations of $1.14 per share.