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@malsbooks read the above perfect example of history repeating...

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    @malsbooks read the above perfect example of history repeating itself

    gents just checking you are aware that your JV partner has shot up 260% on the back of its 60% interest in Mt Ida and nothing else?

    You are also aware that based on this the look through value to HAW is 7.6c?
    LCY
    own 60% Mt Ida @ 1.3c = $19.5m with $6m cash = $13.5m EV for 60% Mt Ida

    HAW own 40% Mt Ida using LCY value = $9m + $4m cash = $13m = 7.6c


    probably wont matter though
    Last edited by strauss: 27/04/16
 
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