Share allocation, page-8

I dont think it can actually work 1 for 1 because if the shares in lithco are at 20c then you are valuing that at approx $150 million at listing. If its going to be valued at $50 million then thats about 7c a share. and that assumes that no one else takes shares in the entity.
i think it might be more like the lithco being valued at half the gold company say 12c per share and FFX selling off half the project so we get 1 share for every 4 shares in FFX (6c approx) and Lithco gets the cash from the sale of half the business. say $25 million and the market cap might be $50- $75 million vicinity. so our lithco shares valued a 20-30c and FFX still around the low 20's.

just my ramblings