$50m hey, well KZL have spent $90m on the decline, so that is all money that Mun do not have to spend, most of the risk has been taken away from this float so i don't know how they come to $50m, they are basically valuing it at $25 an ounce and forget the 180,000 tons of copper.
The analyst must be a knob head, he is at odds with almost everyone else.
who is taking up mungana float?, page-8
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