biactual bonanza

about this mine FMS are looking at say there is roughly 350Mt

then how does this sound

FMG worth 32000 million

FMS worth 251 million

if they have 350 Mt and FMG have 1700Mt of ore

then they sould be worth 20 per cent of FMG
20 percent is 6400 million
that means if FMG is correctly valued just on that ore discovery

FMS should be worth 25 times what they are now then would equal what FMG priced at

means 5.50

maybe discount compare to FMG as more advanced and have the tracks laid out, but shouldnt it be worth more than 22 cents