AOH
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0.00% 12.0¢ altona mining limited

snook51% is worth $137.7mil.$137.7mil = approx $0.26 per...

  1. Hotfire
    19,578 Posts.
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    06/09/12
    19:12
    Post #: 10682443
    snook

    51% is worth $137.7mil.

    $137.7mil = approx $0.26 per share.

    100% is worth $270mil

    All imo.

    I cannot for the life of see Xstrata walking away.....why would they??????

    Everything is already there!. Logistics / Mill / 1.472mil tonnes of copper. In better times we should be getting at least 0.12 per lb based on what they paid for CCP and discounted for lower percentage of contained copper per tonne.

    This imo is the greatest each way bet you can get!


    AOH Price at posting: 26.5¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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