SRX 0.00% 17.5¢ sierra rutile holdings limited

But why would shareholders vote to sell it for $130mil if they...

  1. 10,600 Posts.
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    But why would shareholders vote to sell it for $130mil if they can earn $133mil/pa pre-interest, pre-tax after financing the development (on reasonable terms) - SL doesn't have the worst record in West Africa for discouraging future developments, in fact probably better than Queensland.
 
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