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  "documentTitle": "BMO Capital Markets | Investment Banking Pitch Book | 22 slides",
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  "notes": "The table compares initial and revised proposal premiums/discounts against a range of future P/NAV multiples and resulting IRRs.",
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      "kind": "paragraph",
      "text": "FUTURE SHARE PRICES (31-DEC-24) BASED ON EQUITY RAISE PRICE AND SETTLED P / NAV TRADING MULTIPLES",
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      "text": "Source: Turquoise Hill Internal LT Model at street consensus pricing. Note: Assumes US$1,050 mm of equity financing.",
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