tick, tock, tick, tock

the countdown has begun, and the numbers are looking quite interesting........

mc on 23/11 was ~35.5m
earn-in value in excess of 35.5m for < 50% of project gives a project value > 71m
if a deal were to be consummated on the above terms, were looking at > 0.34cps before working capital and other assets.

while we have had a few nibbles here and there, the only real bite has come from an existing sub holder.

so the question remains, will the deal be done this time round?