RE:RE:Stock Value in a merger dealIt almost comparable, but there is some difference in scale and cost structure:
At $70 per barrel platino deal went at U$ 50M / 2M 2p = US 25 per boe 2p
In my model, at $70 PTA PPS CAD 0.38
So 0.38 x 875M shares / 0.80 exchange rate / 11MM 2P = U$ 37 per boe 2p