I wasn't aware that the Brazilian State own 50% of the Araxa Mine.
So the 30% sale of CBMM's interest in 2011 for $4B was only for 15% of the Mine itself.
Total value of Araxa in 2011 = $26.7B
Fantastic presentation by Paul.
I wasn't aware that the Brazilian State own 50% of the Araxa...
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