So we're agreed that $400m equates to around 70-80cps, but what...

So we're agreed that $400m equates to around 70-80cps, but what other value is there in CFE post this sale?

Does anyone know anything about the tenement excluded from the sale? How much could that be worth, e.g. as a % of the project being sold for $400m?

"The Company has excluded Exploration License Application E47/1493 from the proposed MCC sale. This tenement contains a 3km long, untested magnetic anomaly, which is thought to represent the southern strike extension of the Cape Lambert resource and lies within the highly prospective Cleaverville geological formation. Once granted (expected to take approximately 4 months) this tenement will become the focus of the Company�s Pilbara exploration program.
"