GMC Contact, page-141

@chambo

You say based on research, yet it is stated in GMC official announcements

NPV $160 US at 8% discount rate

So assuming this is the value now
5 year value = 160 x (1.08)^5 = $235M.

This is best case as I've just accepted the 160M valuation and know it doesn't include capital to upgrade infrastructure (eg power). So realistic NPV is actually much lower.

Pak's share would be 23.5M

10M now for 23.5M in 5 years assuming.

Not sure how it becomes a half a billion dollar company....

Plus the reality is without the $10M from Pak its worth SFA