GREY:OLEPF - Post by User
Comment by
Capharnaumon Feb 01, 2013 1:51pm
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Post# 20925709
RE: New Math Formula = $2.24
RE: New Math Formula = $2.24 From what I've heard, OLE would have a minimum of 45% as the interests would be at a high figure (ie: why would Oromin have to take a loan of $5M at over 15% all in but at the same time finance Badr for less than that?). Also, I wouldn't take Senegal's share in $$$ as it could be carried over.
Lastly, while I don't think they could get NAV, you'd have to add $$$ for the ounces that aren't part of the mined ressource as well as $$$ for the other deposits and current deposits upside (which may end around NAV in total).