And then we have also 43 million cash so 0,42 CAD
The Lundins latest PP was at 0,70 CAD i belive, they own 20% of SNM.
They will need to cough up alot more than 0.80 for Lundin to sell.
Aspect inwested 130 million, got 600 million wich is a decent profit for a private company but SNM has a diffrent agenda.
Lundins Tanganyika went from 0,55cad to 31,5 CAD in like 4 years when sinopec bought it. Our ceo worked for Addax that sinopec also bought