Whoops. Seems like I forgot about the JV arrangements. With NPV of about 120m, 64% of that I guess is 76.8m -- so around 53c per share fully diluted. Still not 100% clear about the JV arrangements though. But just a technical correction.
And I noticed NDC got issued with a speeding ticket from the ASX. Rumours are rumours but Feb. 10-12, when they're holding the INDABA conference, should be an interesting few days to watch.
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