plug for ioh in business spectator, page-2

Reading about the Roy Hill deal today, in broad numbers the resource is about 10 times the size of Bungaroo.

The deal done values it at around $10 billion, given the $3 billion investment for a 30% stake in the project.

By comparison (again very broad) this deal gives an indicative value of $1 billion for Bungaroo, or at least raises the opportunity of selling a stake or bringing on a partner for a comparable pro-rata contribution.