Yes that's seems right to me bmioho except perhaps your discount percentage. Mikayla's calculation is something different and ignores the fact they lose the value of the loans to Masawu.
If you divide $30m by 0.26 then the implied value of CCL is $115m. Then CCC owns 74% of that so implied CCC mkt cap is $85m. That closer to a 50pc discount to where its trading. I think CCC does owns some other independently, Kenya if it comes off, Botswanna I think. Still, the new BEE is getting in cheap, albeit to an illiquid stake. To compensate Masawu for selling at what seems cheap v CCC share price, CCC is paying them $5.4 worth of shares.
So CCC accelerates repayment of $30m for paying out $5.4m. Also gets a partner who can fund their share from now on apparently? I couldn't see where that came from but people seem to agree on it. If its right, it would be great for simplifying the structure and funding future projects.
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