KML has around 2.8 billion in debt - they are currently struggling to pay the interest as per recent quarterly
GBG has no debt and has around 40 million in the bank
GBG currently has 1,493,660,842 shares on issue
If we base solely on GBG's cash value, its at 2.7c per share
GBG's currently trading at 4.8c per share, meaning the market's currently valuing their share of KML (48%) to be worth around $31.6 million
But then again, how can you even value a producing asset that is currently struggling to make ends meet and is continuously losing money?
On that account, I foresee the share price to approach GBG's cash value, ie. 2.7c in the near future.
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