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  "documentTitle": "Fort Capital | Investment Banking Pitch Book | 56 slides",
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  "notes": "Includes detailed assumptions table and a multi-year bar chart with data table.",
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      "text": "(1) Values are presented as at the beginning of period\n(2) Includes proceeds raised for 6% underwriter fees\n(3) Assumes a 4.0% discount to market",
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      "text": "Present value of the fully financed share price is C$3.74/share\nAssuming two $80M and $200M debt financings with 5% interest rate and 7-year amortization term starting in 2023 and 2026\nAssuming P/NAV multiple gradually increase from 0.5x to 0.9x by 2027\nFully financed share price is US$5.40/share at the beginning of 2028",
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