This does look as if Alan Patrick Ryan has got it wrong this time. This link shows that JMS paid A$245 million [US$150 million at the time) for their 49.9% stake in Tshipi in 2010. Then later paid between US$70 and US$100 million for further development costs.
Jupiter acquisition of Tshipi near conclusion -
By I-Net -
August 16, 2010
https://www.miningmx.com/news/ferrous-metals/15578-jupiter-acquisition-of-tshipi-near-conclusion/
Tshipi Manganese price, page-58
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Last
24.5¢ |
Change
-0.020(7.55%) |
Mkt cap ! $490.0M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 26.0¢ | 24.3¢ | $2.099M | 8.394M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 1345261 | 24.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.5¢ | 797126 | 15 |
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