STB south boulder mines ltd
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Are you saying that the Bisha mine is worth twice as much as...

  1. yeldub
    5,500 Posts.
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    01/04/12
    20:36
    Post #: 9925925
    Are you saying that the Bisha mine is worth twice as much as Colluli?

    Haven't forgotten about the Capex at all. It's a separate issue and is paid ON TOP Of the buy in cost.

    Why would you sell 33% of forward discounted profit of 1.3 Billion for 140 million? Especially when the 1.3 Billion is only 20% of the resource. Not on your Nellie imo. I would be giving Lorry a gob full if that is anywhere near the money. chicken feed imo.


    STB Price at posting: $1.13 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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