RE:RE:the only positivecrazytimes wrote: sorry, but no way ok... lol. You can't count a takeover placement fund allocation as a valuation for the spinco.Simillarly to valuing Magino off their $40 mill allocation would not be correct. Gets very complicated. Just my opinion.
in this cae i think you can only because the company does not exist at this point....
my contention is that everyone seems to have a hard time valuating the assets .. mines in mexico and the one in the US.
lets say the hard assets of spinco ( land ,leases, and mills and equipment) are worth $0 if AR opens a bankaccount and puts the $10 mill into it and then adds the other $10 mill when Alamos gets their 19.9%.
what would the total value of this company be if we valued it by the only metricthat no one can argue with .........the cash in the bank and assuming Alamos payed fair value for their 19.9 %
then my math works
do we value companys like that ...no absolutely not but in this case ?????