If the project has as indicated a nett present value of between USD 177m (USD1300 /oz) and USD 309m (USD1500/oz) plus Bepkong underground
and we have 782m shares and AZM owns roughly 53.5% with ibaera 46.5% lets call it 50/50
that says between USD 0.113 ( AUD 0.165 ) per share and USD 0.195 ( AUD 0.29 ) per share
now I am fairly generous
so I would sell for between 8.25c and 14.5c that still gives them ibaera 100% return for the risk ghana new mine trump gold price etc
otherwise I will hold and take my chances thank you very much GLTAH![]()
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