And look at this, I got this from ********.au:
"What ownership outcomes exist?At best, AVZ will end up owning a 66% stake in the project. This would be the result of its agreement to sell 24% to Suzhou CATH Energy Technologies for a US$240 million investment and acquiring 15% from La Congolaise D’Exploitation Miniere SA (Cominiere), which it believes it is entitled to.
At worst, AVZ will own only 36% of the project. This would reflect the sale to Suzhou CATH Energy Technologies, the potential failure to acquire 15% from Cominiere, and the potential loss of 15% to Jin Cheng.
"
https://www.********.au/2022/05/30/heres-why-the-avz-minerals-share-price-caused-such-a-stir-in-may/
Can someone please explain the math behind their calculations????