there is value in anything, it just depends on the price payed.
BHP obviously over payed
For Mashala, we can already safely say we underpayed- The Exploration tenements in Botswana themself could probably be sold for half of the acquisition cost imo.
Over Ferreira's mine life we will probably make an operational profit of 20/30 million.
Those 2 there themselves pay off the cost of Mashala, without taking into consideration the other 400 MT's of coal we received.
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