This was the screenshot I was trying to show with Renison +$40m net assets and Nifty -$20m.
What greentech have chosen to do is little to do with MetalsX. They have Renison at around A$100m book value on their accounts, MLX much less. They’ve said they’ve chosen to use a much lower tin price to determine book, no reason MLX has to follow. We shall see, at the end of the day it’s just accounting games and I certainly don’t use book values for anything.
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