Hi Jayneen, I don't look at matter in those terms.
Whatever China and the Euro consortium (could be a mistake to rule out non-europeans for the asset equity sale component) will pay for Mlabam-Nabeba (a world class lowest cost globally IO asset), it will be based on the long terms project economics, return-on-investment, regional consoliddation benefit of 100MTA, supply security, corporate objectives for IO cartel member wannabe looking forr a tier-1 asset and FOMO.
It will be tied to the binding commerical offtake contract which will securely fund the EPC.
SDL Price at posting:
10.2¢ Sentiment: Buy Disclosure: Held