@Red Baron
Historical % of MC up to the ALB take over averaged 19.5% of LTR MC.
A lot has changed in that time.
LTR Finance woes and dilution, LLL Suspension woes.
19.5% has LLL at around 36c. Though LLL owns 5% less of the project and if they use most of the $65m to settle would need to adjust for that.
Given spod pricing Goulamina likely the only one that would be producing not at a loss of the two.
Ann: US$65m for 5% sale of Goulamina and Continued Suspension, page-314
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