Judgement out, page-19

Case A - Presently
BEE (genorah project) 26% Project
NKP 74% Project

896 FPS in NKP
Genorah 324m -> zjin. (as shown held by glen eagles)
Zjin 202m
Total Z(G) 526/896 x 0.74 = 43% Approx (needs to be 51% to get project finance)
(they require 896x.51/.74 =617 fps, so need another 91 )

Case B (dilutive) -There may need to be considered any dilution that occurred that after the G shares were originally issued.
It may be reasonable to say, that of the 2/3 of 250 shares to be revoked, that number is reduced by the subsequent dilutive effect of any new shares issue in NKP.

At best i can gather, without delving too deep, a look back into 2007 annual report, and subsequent issue in 2008/9 of the 250m shares, at the time there were a total of 510M fps.

So now with the dilution of to 896m, i would think a case to reduce the effect by 510/896 (57%)
So if we only revoke of the 250m shares, say 250 x (2/3 farms) x 57% = 95

In which case
896-95=800 FPS in NKP
Genorah (324-95)=229m -> zjin. (as shown held by glen eagles, and reduced)
Zjin 202m
Total Z(G) (229+202)/(800) x 0.74 = 40.0% Approx

They would require of the 800 FPS, 800x.51/.74 = 551m in total to achieve 51% at project level.
They would require additionally 551-229+202 =120m

So in effect, Z would require an additional 30m fps than it currently sits.