GREY:PGDIF - Post by User
Comment by
xDeBeerson Oct 16, 2013 7:15pm
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Post# 21821851
RE:RE:CH-6
RE:RE:CH-6Oiltars math is correct. You only have to multiply 2-3 numbers together from previous press releases to get the value of this asset.
Based on what you and others are saying, it is feasible that De Beers is playing funny buggers. To mitigate that risk, Eric should get something in writing before releasing the CH-6 valuation results, or wait until Q1 2014.
The reason for De Beers walking will come out in time. Based on the value of this asset, I propose the reason will be based on priorities elsewhere, market restructuring, prevailing economic conditions, management decision for focus on core assets, yada yada yada. It certainly aint the economic geology.