"Nominal" value already filed at $345 million, in other words, conservative.
Quote:
the Project Intellectual Property Rights at a nominal valuation of US$ 344,459,120 constituting a share ownership interest in the Company to be determined by a valuation and fairness opinion issued by a third party independent consultant retained by the Company
$345,000,000/2.5 billion = $0.14 PPS
$345,000,000/3.0 billion = $0.115 PPS
$345,000,000/10 billion = $0.035 PPS
MMEX trading at $0.0048.
Simple math..