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timing of jv announcement , page-26

  1. NTaylor
    2,593 Posts.
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    04/11/11
    10:39
    Post #: 9239734

    shooshka that sounds fair enough.

    In the MAK accounts Wonarah is expensed at $38m approx. So that is how much they have spent on it.

    Even if MAK only get $10m it doesn't matter because its the access to finance that is important here. Until they get access to finance then the asset is stranded.
    AEV Price at posting: 36.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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