Can you post me a link of the valuation report please so I can take a look. Not come across the $51 million figure myself to be honest. I will be happy to give my views once I've read it.
Finncap 2 years ago did a valuation of jubilee and assets so is worth a read. You can find it through Internet search and they value jubilee in 2011 at 59p target price. It's a 24 page document so just goes to show how difficult valuations are.
Within the top five platinum producers in the world is the phrase jubilee themselves use to help jubilee holders understand the benefits of the merger and will be reachable when smokey hills, kalahari and rooderland projects are underway, which according to jubilees website should be by next year.
PLA Price at posting:
6.7¢ Sentiment: None Disclosure: Held
