Running discussion on SP, page-84663

If Dathcom’s mining license gets reinstated, and Manono is sold, how much do shareholders get? That probably of more interest than holdings of GLH.

Let’s say someone values Dathcom at $3 billion. GLH’s share would be $2.25 billion, and since AVZ owns 60% of GLH, that gives AVZ about $1.35 billion. With 3.5 billion shares on issue, that’s roughly 38c per share.The Dathcom valuation used is just an example, it could be miles off in either direction. It’s is just to illustrate where the money flows. There are many fingers in the pie, and by the time the money filters down to holders, it’ll take an amazing valuation of Dathcom to meet some shareholders expectations.