This was the Company statement on the ASX from 1/12/10:
"A further update on the BFS will be made next week with the release of further financial modelling which sets a base case net present value of approximately 14 billion rand (US$2.0bn)."
The update never really happened and the 2 billion has not been mentioned again so far. I guess we will soon find out. Also not sure how that actually translates into share value. Someone on HC might be able to enlighten us. The 2 billion only referred to Garatau.
Gefi
NKP Price at posting:
32.0¢ Sentiment: Hold Disclosure: Held
