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0.00% 87.0¢ metrics real estate multi-strategy fund

target price by end of 2007, page-6

  1. Eos
    394 Posts.
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    28/02/07
    17:59
    Post #: 2235830
    Dear All

    I neglected to consider the Xtrata factor.

    When (and if) Glencore / Xtrata believe in the heap leach then it is probably good bye Minara at a 30 percent premium to the market.

    It is then a question of what might the "base price" be at? Assuming Lunchalot's $7 price, this would mean a takeover price in the low $9 range.

    Regards Eos
    MRE Price at posting: 0.0¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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