Hounddog - must admit that is the way i read it as well. They effectively are paying $2.90AUD per tonne!
The Mozambique deal was approximately $2.30AUD per tonne!
Bundi - 300mt @ $1 per tonne would equate to cash of $1.70 a share.
I am really missing something here as the market is astute to these things and would be rerating the stock along time ago. Can anyone help.....?
now this is value, page-2
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