Surely Somewhere between AVZ 4billion and PLS 9billion for...

Surely Somewhere between AVZ 4billion and PLS 9billion for goulamina would be fair (in the near future, or even now would do) - let’s go with 6.5b
that would leave LLL with around 3billion cap for their 45% stake.
which is equivalent to around $2.50 for each FFX share held
(*note these are verrrrrry rough numbers)

if they are doing a 4.28:1 ratio as read earlier, I would be wanting to see a $10ish price as we get closer to operation unless more dilution needed to get a bigger operation.
Bit then with a bigger operation you would expect to see even bigger returns.