Levon Resources Ltd (New) V.LVN

Primary Symbol: LVNVF

Metals & Mining Industrial Metals & Minerals

Levon Resources Ltd is a Mexico based company which is engaged in the mining business. The company is involved in silver, zinc, lead, and gold mining but majorly focuses on only silver mining. In terms of revenue, the organization receives more revenue from their Cordero project. The company restricts itself only in Mexico and does not exports.

OTCQX:LVNVF - Post by User

Levon Resources Ltd (New)

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Post by StocksLynxon Mar 20, 2015 3:41pm

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Post# 23544806

Valuation of current Levon shares

OK, this would be my calculation. Feedback is welcome.

Current Levon Shareholders would get 231 M Shares in the new SciVac (Biotech).
We will then hold 31.6% of the new SciVac (Biotech).

"The CEO expects the company to seek a public share offering - possibly on Nasdaq - after breaking even, at which point it could be valued at between $600 million and $1 billion."
https://www.reuters.com/article/2013/07/25/us-scivac-hepatitis-idUSBRE96O0OV20130725

If the reuters valuation would be correct, these shares would represent a value of 190...316 M or $.82...$1.37.

As each current Levon Shareholder would receive one share of the new SciVac (Biotech) it represents an addition of $.82...$1.37 per current Levon share.

As the number of shares in Levon will be cut in half, the value of the new Levon (Resources) share will stay the same if we deduct the remaining value by 50% because of the lower working capital.

This would mean a current Levon share is worth $1.02...$1.57 if we use the above range plus as range for the old Levon share value of $.20...$.50, which is already extremely discounted.

I think this explains the big excitement of Ron Tremblay in the last video and in the RNS.
What they didn't get right was the RNS. I hope it wasn't on purpose to get cheap shares ;)

If the above is correct insiders will soon start buying more current Levon shares...