So, based on those calculations TL, 40% of the B4M would be...

So, based on those calculations TL, 40% of the B4M would be approx $200m-$250m?

Interesting to read/hear that potentially, the money raised from the strategic alliance with ITOCHU would cover the cost of a standalone plant, which is estimated at $210m, if they were to take up the full 40% option.

Great post by the way, it's always good to see how fellow lunatics work out their own financial/mathematical equations!