RE:RE:RE:SpeculationSo let's speculate. If Solitz is claiming a $49 m loss then what would the sales price be? I think their 12.5% cost them somewhere between $70 and 90 m originally. So the sales cost would be somewhere between $20 and $40 million. Very similar to the increase in the line of credit.
120 million pounds per year at Gib. That is an extra 15 million pounds per year +- given the year. Typical c1 is what, $2.30 pd? So with copper at $4.20. That's an extra $28 million or so per year. So a 1-2 year payback on investment? I have no idea if the sales number is correct but it does give us some context once the news is out.