Whilst we wait..., page-2589

yeah, bargin is an understatment. Once derisked (operating) we can do NPV vs SP calcs...... with just with Arrowsmith operating that works out to 60c a share.

but worst case numbers, assuming you dilute to 1 billion SOI (worst case) to get the CAPEX funding so if it was completely botched with 50% dilution you still get 24c....... or an MC of 100 million.

Arrowsmith should fund Muchae CAPEX, which adds 33c with same numers. So roughly 58c per share by q2 next year..... MC 250m

this is based of 50% dilution and the BFS conservative numbers.... so i would expect it to be higher correlated to the amount of dilution. also doesn't include the 3rd project or projected dividends. which kicks this into the $1 party as a low estimate.