Minim-Martap Bauxite: An Independent Expert Concludes A2MP's Offer Undervalues Canyon's Shares by 84%

BDO Corporate Finance Australia assessed the value of a Canyon share at 0.32 Australian dollars, approximately 130 FCFA, while A2MP Investments offers only 0.05 Australian dollars, nearly 20 FCFA. This evaluation indicates that A2MP's offer is 84.4% below the value estimated by BDO, which represents 6.4 times the offered price. However, 96% of this value comes from mining resources and exploration potential not included in A2MP's proposed production scenario.