RE: Reckon the 10.225 trades were buys01 Jul 2022 08:42
if you’re valuing $50m for 22% (100% $227m)…
our 27% we have now would be…
$227m x 27% = $61.3m…
mcap is currently £18m…
i can’t see that myself…
i’d like to hope the $24m for 22% is still about right… in line with the jrp… for the maintenance and repair… less excess income (if any now) from the stockpiles… over and above what had been included in the jrp originally… the significant costs to take it to $50m i would expect will be pushed forward into the reconstruction and recommissioning… funded from the project financing…