Thanks for that.
It is a bargain at these levels, especially as now has a good cash holding.
Only concern I had was how they value their No. 1 holding (Iron Ore Play). Hopefully they are not using the July 08 placement price as that would be way above realisable value given decline in markets since then.
nta of 79 cents, page-2
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
