Comment by
ALLEN4 on Oct 15, 2012 12:28pm
Bpultra, your math cannot be right....$2.70 per share. The market cap is 281 million. 75 million shares outstanding. My calculator is not good with millions, lol, but if you were right the shares would be flying today.
Comment by
gold_diggers1 on Oct 15, 2012 2:00pm
BP - "75,000,000 OS plus new PP 9,500,000 and now have 218,500,000 cash equals how much per share ?" . $218,500,000 / (75,000,000 + 9,500,000) = $2.59 / share if that is what you mean to calculate..... . GLTA
Comment by
ALLEN4 on Oct 15, 2012 3:04pm
Oh I thought you meant an additional $2.70 per share. Even so, that is excellent considering today's share price.
Comment by
Mick16 on Oct 15, 2012 3:23pm
So KGN are topping up their already high cash balance, with not much of a stretch to get the remaining capex to fund the mine. But with VTR's SP where it is now, the dilution would be massive in order to get us the financing needed to fund the capex for Kiaka, even if the staged approach was implemented. So what other options are there?