Value of deal11 Jan 2025 03:16
The deals value TRP at around £30M. That's the target, makes no sense to be down here. Yes, Namibia was cheap but TRP were lucky to get any deal - how many years have they be trying? Also, bank finance will now surely have a future role. - so, much less dilution going forwards. This was the best TRP RNS for years and yet the market is asleep. You can't deny the value of the business - even a bean counter would point to what Prime paid for their share. And no mention yet of SA!