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Laurion Mineral Exploration Inc V.LME

Alternate Symbol(s):  LMEFF

Laurion Mineral Exploration Inc. is a Canada-based mid-stage junior exploration and development company. The Company is engaged in the acquisition, exploration and development of Canadian gold and base metal mineral resource properties. It is focused primarily on its wholly owned 57.43 square kilometers (km2) (14,191 acres) flagship brownfield, Ishkoday Gold and Polymetallic Project, located 220 kilometers (km) North-East of Thunder Bay, Ontario, Canada. Its Ishkoday is situated in the Onaman-Tashota Greenstone Camp in the Irwin, Walters, Elmhirst and Pifher Townships located 25 km northeast of the Town of Beardmore, Ontario and 220 km northeast of Thunder Bay, Ontario. It holds a 100% interest in Brenbar, which consists of two mining leases covering 255 hectares contiguous and to the west of Ishkoday. It has a 100% interest in the Jubilee-Elmhirst, Beaurox and Twin Falls property. The Company also owns a 30% joint venture interest and Canadian Gold Miner Corp.


TSXV:LME - Post by User

Post by VancouverLadon Feb 10, 2023 10:11pm
2521 Views
Post# 35281067

Buyout Price Estimate

Buyout Price Estimate

What does everyone expect the buyout price to be? 2? 5? 10? 15? 

From what I know, the outstanding shares is around 256 million. The formula to determine the price per share is: 

Price per Share = (Total Consideration) / (Number of Outstanding Shares)

If, for example, they sell for 10 billion that'd result in around 4 dollars a share. Does anyone have any comparisons between other buyouts - or any thing worthwhile to share? 

As an interesting read, I found this paragraph online that I thought was insightful regarding buyouts. "It's important to note that this formula is just a general way to estimate the price per share in a buyout and may not always be applicable in all cases. The actual price per share may be influenced by various factors such as the financial condition of the target company, the negotiation power of the parties involved, and regulatory requirements, among others."

Have a good weekend everybody!

Van

 

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