1MC 5.88% 3.6¢ morella corporation limited

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    So what do we think is reasonable, given where we are and what is deliverable before end Q1/17?
    NPV $411m +30% on 1.5bn shares....35c/sh
    Could be a cheeky starting bid!
    Would certainly flush out market interest...
    Maybe 2bn for us and the neighbours?
    Wonder what MINs view of that would be...? On the basis that they arent the current capper!
 
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