In accordance with the terms of the Transaction announced on 5 November 2010,
African Iron has paid to Cape Lambert AUD$47 million in cash and has issued
120 million African Iron shares (on a post consolidation basis) to Cape Lambert,
which represents an approximate 25% interest in African Iron (together, the
Consideration).
POST....
cfe: dated 11 jan 2011
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no... about $5.50 a share not 500... I wish
DYOR
In accordance with the terms of the Transaction announced on 5...
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