CBH 0.00% 7.0¢ coolabah metals limited

what was management thinking!, page-10

  1. 163 Posts.
    Well,the Austrralian paper says it all...the price is too low as it does not reflect the value of Rasp..where $89million was spend to get the mine ready for production....also the increase in price for metals...so as I said Toho would be stupid to even consider the deal..after all TOHO is one of the largest Zinc smelters in Japan....even at 14cents its well below value..Nystar has no show at their price...and I think TOHO will not play ball for those prices...the shorters here stuffed the price...but CBH is in a better position to come right..I certainly will not sell at these prices..NV with their EXCLUSIVITY saying must be out of their little European mind.....Management should tell them to go away as their offer is a JOKE.....also,I cannot see the Chinese at Broken Hill work with the Europeans...Japanese and Chinese I can see that work...in BHP
 
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