Just going from the balance sheet as at Dec 31st. You have $1b in cash, receivables & Inventory.
Add $200m Sandfire investment + $50m for Toro & IMX
= $1.25b
Valuing Prominent Hill & Carrapateena at roughly $550m.
No Debt & a $200m facility at the ready.
Ridiculous! Will be back to $7 soon enough
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