Tali Resources (TR2) will list in 2 weeks. Only sought $7M but had offers for almost 4x that and had to shut the book early. AMN will have 32M shares so I expect to see a good IPO e.g. 40c means AMN holds $12M in TR2 shares. Plus the holding of WA1 (12%) being worth circa $35M. Then cash of $4M. Plus a potash project. That's well over $50M which means AMN should easily be trading at double today's prices and that's a nil EV!
Add to My Watchlist
What is My Watchlist?
