African Minerals - Re: AMI Stream Log - Superman, by looking at the...

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Re: AMI Stream Log
15:52 16/03/2015
ckcl78
0 replies 0 0

Superman, by looking at the statements AIM's assets were worth above USD 2 Bn and debt was above USD 700 Mn. Considering the sluggish prices on iron ore, I'm sure those assets could not be sold at the stated value. However, if the administrators were to do an open bidding for the assets; we should be able to maximize the value of our shares. What I'm very worried about is that the liquidation takes place with close doors and the assets get sold at pennies for the dollar. In this case, I'd more than happy to go on full legal battle

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