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Ann: Market Update to Sinomine Transaction, page-143

  1. Von Rico
    1,503 Posts.
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    13/03/18
    12:50
    Post #: 31713256
    I was assuming they buy the project outright of which I believe we own around 70% so 70% x US$225m. Then again they may offer 0.13 per share to take the whole company and pick up the other assets while they’re at it.

    Mind you, the numbers are pure speculation but still well below the NPV of Arcadia alone.
    PSC Price at posting: 4.8¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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