there is value in anything, it just depends on the price...

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.