Epanko @ Capex = US$89mil - US$60mil Bank Finance (I believe) = US$39mil equity raised
@au 0.40c = 112mil new shares
@au 0.50c = 90mil new hares
Currently, we have 260mil SOI
+ We will most likely need to raise some funds for the downstream plant, therefore I allowed up to 500mil SOI in option 2, which showed 0.21c earnings per share.