RE:At the value paid for 28% 12% means 1.87/share valueWTC2001 wrote:
1,300,000,00028 =46,428,571.428571 46,428,571.42857112 =557,142,857.14285 557,142,857.14285 297,000,000 =1.8759018759 At the value paid for 28% 12% means 1.87/share value and this is for a mine that barely turns profit compared to Cuba assets, not even talking about the oil. ..!?!?... So what is Sherritt doing trading at 1.39!?
All right, and that is only for Ambatovy. At C$ 1.87 you have Moa, power plant and oil for free.