The deal does nt exist until it is voted on at the AGM (?) Kate...

The deal does nt exist until it is voted on at the AGM (?)

Kate what do you make of this?

Subsequent to balance date, a valuation of the Steeple Hill Iron Project, consisting of tenements E28/1672, E28/1766, E28/1997 and M28/373 was undertaken by Al Maynard & Associates Pty Ltd. This report concludes that the current cash value of the project is ascribed at $382 million. The Empirical Method was selected as the basis for the valuation. The AMC Indicated Estimates by stratigraphical units were used and insitu values per tonne ranging from $1.00 to $4.00 were applied.