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Bullboard - Stock Discussion Forum KWG Resources Inc C.CACR

Alternate Symbol(s):  C.CACR.A | KWGBF

KWG Resources Inc. is a Canada-based exploration stage company. The Company is engaged in the discovery, delineation, and development of chromite deposits in the James Bay Lowlands of Northern Ontario. It is focused on two projects, which include Black Horse Project and Big Daddy Project. The Company’s Black Horse Project is located approximately 280 kilometers north of Nakina, Ontario, which... see more

CSE:CACR - Post Discussion

KWG Resources Inc > KWG share count - 3B shares outstanding
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Post by miner540 on Feb 08, 2023 3:38pm

KWG share count - 3B shares outstanding

There seems to be some confusion on the actual share count on a fully diluted basis.  Fully diluted KWG has approximately 3B shares outstanding.
  1. KWG shares  1.2B
  2. KWG.A shares 8.1M x 100 = .81B
  3. FNC note  7.4M x 100 = .74B
  4. FNC warrants 4.0M x 100 = .4B
  5. Total 3.15B fully diluted shares outstanding
FNC's share of KWG is 36%

If KWG sold for NOT money ($650M) the value per share is $0.20

Please don't shoot the messenger, I am trying to correct some mis-information that is floating around.
Comment by ETalien on Feb 08, 2023 3:39pm
I WILL TAKE THAT! NO QUESTIONS ASKED!
Comment by doggy123 on Feb 08, 2023 3:57pm
With that big amount of shares there is still only 20 million shares for sales level 2........
Comment by doggy123 on Feb 08, 2023 3:59pm
19 million shares available level 2..........
Comment by doggy123 on Feb 08, 2023 6:56pm
miner540 do you think KWG is worth more than 20 cent or less 
Comment by Dragon23 on Feb 08, 2023 7:02pm
Thanks miner540.  Very interesting that none of the usual suspects...lol....are shooting you down. It is difficult even for the pumpers to dispute your numbers.   What is very ironic is that KWG is in a somewhat similar situation as NORONT was in for years. Somehow management walked the tightrope of a horrible debt structure ....AKA the stranglehold that RCF...then WYLOO ....had over ...more  
Comment by doggy123 on Feb 08, 2023 7:18pm
Well one think positive with KWG....this morning at 9 am there were 17 million shares at bid level 2 and at close the bid are 46 million shares at bid plus the 3 and half traded today that's make around 50 million shares at bid level 2...........so something is brewing and burning in shareholders pants 
Comment by doggy123 on Feb 08, 2023 7:40pm
FNC.......36% Wyloo.....10% Insiders...10% If wrong someone correct me so only 46% of the 3B outstanding shares tradeable ....not that bad
Comment by doggy123 on Feb 08, 2023 7:43pm
Going to correct myself 44% instead of 46%
Comment by Mistyblue on Feb 09, 2023 5:20pm
M540 have you included that KWG gave to Matawa FN's???
Comment by ClayTaurus on Feb 09, 2023 5:28pm
If the FNs are not taxable, they can afford to out bid anyone if financing via off-take or Take-or-pay.   Just a thought.
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