Exactly right Sludge, we (plebs) have no idea what the true size is. But, we hope that the 3 main players do, AGS, ITOCHU and H/Q. One thing that is for sure though is that the B4M mine would have a total (market) value. Through the discovery of documents, and thier own research, I'm hoping that AGS/ITOCHU's estimate is pretty close to what H/Q are estimating.
What won't change, regardless of the size of the resource, is the % ownership. Currently we own 25% of it, so do the BBs make their offer based on us owning 25%?
Nb. The $1b figure I used was a figure that was easy to base %'s on.
AGS Price at posting:
21.0¢ Sentiment: Buy Disclosure: Held