Not sure if i am right but can someone check my calculation please. Refer to the announcement on 25 May 2007. If you do the maths. Estimate
120M tonnes X 1.2% (Ni) X 25,000 (price of nickle per ton) = $36000M $36000/440M shares issued = $80 per share? Am i right or wrong? Or maybe its $8 or even $0.80 per share? With negotiation on the way, i am sure this is what we are talking about....
wowo value
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