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5,719 Posts.
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03/07/12
13:29
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Gday Roy,
We had an ann last Wed (24 holes).
On your earlier question, I think one can look at AKI as a possible comparison of how this could play out.
You might recall, Exxaro took it out Q1 this year for $338m. As the project was 92% owned by AKI, that valued the whole project at $368m.
Like AKI, we also have heavy-rail haulage possibility.
I also think there's good chance our resource will be much larger.
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