MYL 0.00% 7.0¢ myanmar metals limited

Updated Argonaut Note, page-14

  1. 551 Posts.
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    if we take the NPV $987m value x 0.51 (MYL share) and divide by 1,261m shares on issue, we arrive at 39.99 cents, or 40 cents. Note your argument of the value being $987m is correct, however your concept of how the value (40 cents) is arrived at, is wrong. 

 
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