African Minerals - Re: AMI Stream Log - African Minerals is the largest...

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06:25 28/08/2014

African Minerals is the largest employer in Sierra Leone and the biggest contributor to the county's GDP. And the Chineese did indeed kick in $1.5B for 25% (which values the other 75% $4.5B). So there are some significant stakeholders here with deep pockets and good reasons to make sure this venture succeeds. And the market cap right now is a small fraction of the $4.5B that the company is worth. In fact the existing pricing is not sustainable and a market correction is inevitable. The shares will move off of their "emotional value" and back to their "intrinsic value" in due course. And that will result in spectacular returns for those who are buying in right now.

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