GREY:GDPEF - Post by User
Comment by
LeftBookon Mar 07, 2019 5:17pm
81 Views
Post# 29458181
RE:RE:RE:10 + Meetings and more to come for RCG
RE:RE:RE:10 + Meetings and more to come for RCG
15c/sh comes from the assumption that ...
Sprott has a $4M investment and 26.8M shares.
There were 20M of liabilities on the balance sheet as of Sept 30.
I am assuming the entire company is bought and Sprott is made whole at 15c.
$26M shareholders ( = 175M shares * 15c/sh )
+ $20M liabilites
= $46M
$46M for the whole company
( similar to my post from early today )