CQT conquest mining limited

Could you clarify my reasoning-If MC has an NPV of $136Mill and...

  1. 2,267 Posts.
    Could you clarify my reasoning-

    If MC has an NPV of $136Mill and Pajingo was purchased for around $130Mill. Then with cash reserves of $39Mill, I value CQT at $305Mill-or 52.5c.
 
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