Good spotting. So the figures will be even better.Updated below (I noticed another error in there too):
Dec 2020 - CDM assets $423M.
DeepGreen 2.8% ~= $11.8M @ $1.38/share
Re-rated from $1.38 to $10/share is 7.2x, so $11.8M goes to $85M.
New total assets is $496M. DeepGreen will be $85M of $496 which takes it to 17% of portfolio.
CDM Assets raise by 17% as well!
Ann: DeepGreen Metals Investment Update, page-12
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