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BELLAMONT EXPLORATION B V.BMX.B



TSXV:BMX.B - Post by User

BELLAMONT EXPLORATION B > What makes SRX so valuable?
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Comment by dixonstalberton Jan 25, 2012 4:32pm
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Post# 19448842

RE: RE: RE: RE: What makes SRX so valuable?

RE: RE: RE: RE: What makes SRX so valuable?

If everyone takes the maximum available amount of cash:

$20 million cash divided by 151 million BMX shares outstanding (Dec 7 press release) = 13.2 cents per share.

I think you would then get the remaider of the 56 cents (42.8 cents) in Storm Resources stock- How many Storm shares would be based on whatever the Storm share price is in March when/if the deal is approved by the shareholders.

Does this sound right?

 

 

 

 

 

 

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