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SRK holding in LEL, page-42

  1. 5,438 Posts.
    lightbulb Created with Sketch. 669
    That’s zero value on companies core IO business.

    GWR similar distance to port, similar grade $23m on standby.

    FEX very well run IO junior company payed dividends $100m

    Then the 250mt asset in Peru even at 10c / t that’s still worth $25m . At a minimum IO is worth current MC.
 
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