Running discussion on SP, page-39606

How much bigger can the SP go with $600 mill MC and only 60% of an undeveloped project in DRC?
Still got the dilution to come from both capex and buying more of project.

The post tax NPV on 60% of the project is US$616 million. You are already 3/4 of the way there.
Anyone wanting to bid higher - and wait 3 years for production risk and security risk for 25% gains - is the bigger fool current holders hope to sell to I guess. How many bigger fools are out there I wonder...