Interesting that Eramet discredited TZMI in their bidder's...

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17/05/18

12:03

Post #: 33160057
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Interesting that Eramet discredited TZMI in their bidder's statement, yet were happy to use their prices when it suited them! Where's the popcorn emoji.

From Eramet:

As a result, the industry consultant that MDL has quoted in relation to the price forecasts underlying MDL’s guidance and value statements in the MDL Chairman’s Letter has not reliably predicted future mineral sands prices over the last 3 years.

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From MDL:

It is worth noting that Eramet approved the use of TZMI to provide market due diligence in the TiZir bond refinancing process (successfully completed in July 2017) and for the impairment assessment of TiZir’s assets at 31 December 2017 (approved by the TiZir Board on 4 April 2018).

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MDL Price at posting: $1.66 Sentiment: None Disclosure: Held
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0 Great analysis

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Interesting that Eramet discredited TZMI in their bidder's...

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