Post by
AllDutch1234567 on Aug 20, 2021 1:13pm
SCY's share price will be in the 2.39 - 7.16 CAD range
Sorry, for my somewhat technical posts ;-)
Based on my previous calculations/post: SCY's marketcap in the US 1-3b range.
Number of shares assumptions
316m shares outstanding
30m management options
49m for the cost of development CMR+HPA (= (US 7.5m * 1.3) / 0.2). Financing @ .2 CAD
150m for Capex financing CMR+HPA (= US 150m * 1.3) / 1.3). Financing @ 1.3 CAD
Total = 545m shares outstanding.
Marketcap US 1b = 1.3b CAD
Share price: 1.3b / 545m = 2.39 CAD per share
Marketcap US 3b = 3.9b CAD
Share price: 3.9b / 545m = 7.16 CAD per share
And we also have Nyngan...
GLTA
Comment by
argaiv on Sep 01, 2021 6:11am
When will this happen. I bought this stock in 2016 and I was underwater for so long. Now I am at about break even. Thanks to all posters positive and negative. I love Stockhouse.
Comment by
ScandiumPower on Sep 01, 2021 8:20am
If I see 0.39 I will sell all.
Comment by
shano1986 on Sep 01, 2021 1:14pm
5 years and you're going to pull the plug at .39?!? What's the point in holding on. We all know we could have done better during the pandemic in almost any other stock. If .39 cents is the target then there must not be much upside in your view. The potential growth here is phenomenal if the team can pull it together