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21/04/11
10:15
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JTANG wrote "EXS sold Cloncurry copper project to Xstrata for 175m. AOH's Roseby copper project is twice the size of Cloncurry. Work out yourself."
Ok well $175m * 2 = $350m divided by 472.1m shares = 74 cents per share plus 27 per share for Outokumpu Finland, which values AOH at $1.01 per share.
However I fill confident that AOH would want a far greater amount for Roseby than $350m.
Also Fosters has the cash valued at 13 cps.
So that would give AOH valuations of $1.14 per share.
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