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05/08/15
20:41
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Hi guys
This is my understanding based on information on hotcopper.
Drill rigs would only start appearing once funding is in place.
Funding was estimated to value the project at $200 million.
The goverment of India has effectively valued the project at this price as well as it has been accepted in the PMG.
Therefore 20 cents a share at todays prices
If funding is in place before a takeover it would not make business sense to sell at a lower price that 20 cents a share?
What do you guys think?
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