Mr Perry, it's more complex than that. Aminex's cash cost for 10% of Nyuni is $1.7m based on $1m cash and $0.7m expenditure on the sold blocks.
The actual value of 10% of Nyuni = 25% of L17 in Kenya + 25% of L18 in Kenya + $1m in cash.
the answer is..., page-7
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