when the l. annie cash is in, there will b $230m with MCC's $80m next in the line. it works out to be 50.5c ps CASH. marampa n other assets r NOT factored in.
@ today's close of 41c it is 20% discount to the cash per share in the company with all the other assets for free.
SOME PARTS OF THE MARKET HAS 2 COME TO ITS SENSES!
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- cash @ 20% dicount, $400m assets for free
when the l. annie cash is in, there will b $230m with MCC's $80m...
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