African Minerals - Re: AMI Stream Log - Also the stated value for...

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14:12 07/04/2015

Also the stated value for London Mining's property, plant & equipment was usd 497 Mn and total obligations was usd 338.8 so it's no surprise that even creditors had to take a haircut during liquidation. In the case of AML total obligations (including payables) amount to usd 1 Bn and PP&E is valued at usd 2.4 Bn. So even at a fire sale I still think there should be something left for us

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