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7,708 Posts.
563
18/03/21
11:37
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TUL owns 50% of the project + 7.1 % of PNR....
TUL is actually better value than PNR
PNR EV $243m
TUL EV $191m + 7.1 % of PNR worth $21.5m.
So if one is invested in PNR for the Norseman gold project then it makes more sense to be in the cheaper TUL
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