Chart Update, page-19354

A2M has to sort out MVM now it owns 75%, in the A2M announcements it's already stated that costs of MVM will be greater than first thought but we are not talking material amounts. China should be happy, it's got all it's capital out plus a little more and keeps 25% for nothing. Synlait i think said it's still in talks with its banks so maybe a bit more there but again not a great deal in the scheme of things and IF A2M's trade with China is actually seeing a rebound of some sort like Bubs then the risk is to the upside imo. However and like always China is a government and can be unpredictable so it's always a matter of weighing up the probabilities and going with what one thinks is more likely or one can side step the risk and wait to buy at a later date when more info from the company itself materializes rather than trying to anticipate matters.