AOH 0.00% 12.0¢ altona mining limited

The report is expected to be handed to both companies during the...

  1. 581 Posts.
    The report is expected to be handed to both companies during the next week or so.Around $200,000 is the cost of this report----which,to me means a large team of people working to gather information,which will be collated and reviewed by the principle valuer as he is the one responsible for the final sign off.Both companies are still maintaining contact and it is still possible that an agreement can be made before the valuation comes in.If Xstrata believe the valuation could be higher than what was on the table before the valuer was engaged,(it would be a good move by Xstrata to have engaged another valuer to do a quick calculation as to what Roseby could be worth),it is still possible they may want to act before getting a costly surprise.If this is the case, we could get an offer any time from now till,at the latest,mid December.IMO.Good luck to all shareholders---Xmas is not far away!
 
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