valuation of perkoa and mumbwa abt 4 bucks, page-7

Look if the market is good and we get the share price going on positive announcements over time, its quite plausible i reckon that we can raise circa $500 at an avg price of $3, so an extra circa 160mill shares is all thats needed ie we basically DOUBLE the present share capital to say 350mill shares

So EPS becomes MUCH higher at 94 cents per share for 100kt pa prod plus perkoa

*** I reckon well prob give up some of the company to GLENCORE though instead of borrowing 50%. who knows?? Debt makes it riskier. Giving up some of the coy to GLENCORE makes it less risky less debt.

But as you can see, the EPS is SPECTACULAR!