STB 0.00% 40.0¢ south boulder mines ltd

asx200, page-5

  1. 3,134 Posts.
    Capex is $750m, STB share is 60% = $450m.

    Eritrea has to pay market value for its 30% share.
    The number of shares to be issued to the government is 3/7 * 82m = 35ms @ $6 = $210m.

    It will be trivial for STB to raise the balance of $240m for the capex.
 
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