the value of the other "stuff", in an operational rather than accounting sense, is what they would have to pay elsewhere to source..."worth millions of $" per ann and it would certainly be more than they are now paying. [the figure could be deduced from IOG, but would be time (not capitalised), cost of acquisition of stuff and cost of original land ( $12.5m) - basically all the costs that we have seen AKK write off in the last 3 years while oil went through the Saudi inspired death roll]
This is a company making deal and is fully underwritten. With POO about to join iron ore on the rocket ship to outer space, this is basically saying "last chance to get on this ride at 0.006"
Take it or leave it - the lure of the stock market, beauty is in the eye of the beholder.
Hopefully you'll join us for the ride!
Wazz
AKK Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held
