Welcome to the thread (if you haven't been here before?) and...

Welcome to the thread (if you haven't been here before?) and thanks for posting the above.

Doesn't appear to be a whole lot of new info here from Argonaut though. This is from their April report...

http://www.cradleresources.com.au/w...Anglo-transaction-highlights-demand-fo....pdf

One thing that took my eye was they have used a 12% discount rate when calculating the NPV and they get $401m - priced in Aussie dollars.

CXX used a 10% discount rate (& later reduced to 8%) when they calculated the NPV for the DFS and they came up with $404m - priced in US dollars.

I would like to think the Company would know the real score.