Seems a bit cheap to me:*Based on the current share price of...

Seems a bit cheap to me:

*Based on the current share price of Sarama Resources Ltd (ASX: SRR), we can estimate the value of the deal for Orbminco Limited (ASX: OB1).

Current Share Price of Sarama Resources (ASX: SRR): AUD 0.031 per share. Australian Securities Exchange

Calculation:

1. Value of CDIs:

   • Number of CDIs to be issued: 12,000,000
   • Value per CDI: AUD 0.031
   • Total Value of CDIs: 12,000,000 × 0.031 = AUD 372,000

2. Additional Payments:

   • Non-refundable cash payment: AUD 20,000
   • Government fees covered by Sarama: AUD 39,900
   • Total Additional Payments: AUD 20,000 + AUD 39,900 = AUD 59,900

3. Total Value of the Deal:

   • Total Value: AUD 372,000 (CDIs) + AUD 59,900 (Additional Payments) = AUD 431,900

Conclusion:

The total estimated value of the deal for Orbminco Limited is approximately AUD 431,900, based on the current share price of Sarama Resources Ltd.

Please note that share prices are subject to market fluctuations, and the final value may vary depending on the share price at the time of transaction completion.
*GPT4o