GREY:MGXMF - Post by User
Post by
Wangotango67on Aug 14, 2022 2:08pm
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Post# 34895210
WHAT'S THE DIFF ?
WHAT'S THE DIFF ?XX PROJECT - 10mil tonnes of - XX METAL -
YEARS TO PROVE UP
MILLIONS SPENT
SHAREHOLDERS SUPPORTED
SHAREHOLDERS WAITED YEARS AND YEARS
200,000 SHARES OUT
$ 3 - VALUATION ( if properly evaluated based on - in situ metal portion percent of spot )
Finacier joins in, lends $500/mil @ XX INTEREST RATE
YUP... ONLY INTEREST ON LOAN.
166/MIL SHARES NEEDED FROM JUNIOR
DEAL GOES THROUGH
200 MIL + 166 MIL
= 366.MILLION SHARES OUT
STOCK GOES FURTHER UP - LIL DILUTION.
PROJECTIS FUNDED
MOVES FORWARD
ALL BECAUSE THE INSITU VALUE OF METAL
WAS APPROPRIATELY APPRAISED.
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NOW DO THE MATH WITH SAME XX METAL VALUES AND SHARES OUT
STOCK VALUED AT A DIME
THE MATH WILL NEVER WORK - NEVER PROFIT SHAREHOLDERS.
ALL BECAUSE THE IN SITU VALUE HAS BEEN DRASTICALLY DEPRECIATED.
JUNIOR ENDS UP - MAKING THE WRONG DEAL VIA DESPERATION.
LONGER THE JUNIOR HOLDS OFF.. .MORE DILUTION JUST TO KEEP THE LIGHTS ON.
THIS SECOND EQUATION.... SEEMS TO BE THE NORM NOW ADAYS.
= SHAREHOLDERS SQUEEZED OUT OF PROFITS VIA MASS DILUTION.
Cheers....
How does one fix the current situation with MANY metal juniors ?
Allow them an in situ metal value vs out of ground spot.
it would ward off all the games.
Protects shareholders.
Protects junior valuations.