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mumbwa update., page-14

  1. 13,575 Posts.
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    And thats what keeps niggling at me too Sinbin.

    It just FEELS like somethings not be said here that would be a big enough carrot to get these guys in.

    I suppose if we combined a very strong Perkoa OCF(130M) with a reasonably high chance of success at Mumbwa it might be enough to get them in considering Perkoa will give them a baseline sp of 80c to $1 based on such an OCF(for at least the first 2 years of production).

    This would at least give them(JPM/NS) an excellent bottom line valuation from which to sell back into even if Mumbwa didnt come up with the goodies.

    d.
 
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