AEV UCL

re: Ann: Definitive Feasibility Study - Recei... Seals, hi.Yes,...

  1. nobullnotOzzie
    819 Posts.
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    02/04/12
    18:16
    Post #: 9930846
    re: Ann: Definitive Feasibility Study - Recei... Seals, hi.
    Yes, a fair point. RosyOutlook, if I remember correctly suggested that Mak, excluding Sandpiper, at current share price was worth about $15m. That's still 5 x more than Mehdiabad, so maybe Mak needs to go down a bit more before it offers similar leverage, even after taking account Battlah's point about Mak owning a bigger interest in Sandpiper.
    UCL Price at posting: 32.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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