RE:RE:RE:sale of turkish properties
Certainly a credible buy at these prices IMO. From memory, there were various indicative price targets varying from $1.00-$3.00+ based on what Chromite resource was believed to be present. I have read various articles saying there is expectation that CCU will sell the Albania assets etc but I don't see why they would if there is 300,000+ tonnes of Chromite there? Surely if they can fund it or get a JV (albeit still a tough resources market), then my gut is that they will retain and mine it - that said, need those Albanians to give them the exploitation license before all of that can occur. Surely this can then be a major turning point for the company (and the flagging share price) ??? Would be interested in anyone else's comments...