Our deemed holding in Tanbreez alone will be more than our current market cap. Tanbreez 83% x US$211 = AUD$265m. EUR MC = AUD$77m. This is all hypothetical because we don't know the full details of the deal, but roughly translates to around $0.19 per share just on Tanbreeze. But don't expect it to trade at that price. We should already be over $0.50 but we are not. But looks like a positive, CRML starting to diversify which is good.
General Discussion, page-1331
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