Your right Alshare, however a valuation was sought and reported in the 2014 fins at some 362m$. When I asked Madhu about this he said it was a firesale price (back then), however some on HC balk at the idea of the price claiming FAS is worthless well 7m with more debts than value.
I read an interesting article by Merryl Lynch USA recently citing BHP and RIO and in the box seat for aquiring addition assets and should raise 30B$ to do so.
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