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Orbite Technologies Inc EORBF

Orbite Technologies Inc is a Canada-based mineral-processing and resource development company. The firm is organised into the following segments; Specialty Products, Waste Monetization and Commodity Minerals. It produces alumina, silica, hematite, magnesium oxide, titanium oxide, smelter-grade alumina, rare earth oxides and rare metal oxides. The operation plant is based in Canada.


GREY:EORBF - Post by User

Bullboard Posts
Comment by JayB1on Jul 23, 2016 9:46am
289 Views
Post# 25078214

RE:RE:RE:RE:Orbite Tech Conference Call and Webcast on July 28, 2016

RE:RE:RE:RE:Orbite Tech Conference Call and Webcast on July 28, 2016
One more thing that wsa not discussed with the financing IMO: warrants
Exercise price     Expiry date     Warrants             Value (millions $)
$ 0.33              May 2017        17,857,143          5.89
$ 0.39             April 2018        18,924,230           7.38
$ 0.48             December 2016 15,566,750           7.47
$ 0.60             July 2017         14,200,000           8.50
                      TOTAL             66,548,123         29.24

Basically this mean that if 29  millions dollars should be in Orbite pocket if market value of Orbite worth more than 300 millions roughly. if technology is demonstrated successfully the market value should be back around a billion which give a stock value  of 2$.  Orbite doesn't have to look behind anymore....
I believe that technology will be demonstrate before the end of the year, the 300 millions value will be reach and past at the same time on its way to the billion dollar value.

Good luck to all longs
JayB

Here is some other warrants that Orbite  keep going up.
Exercise price     Expiry date       Warrants         Value (millions $)
$ 3.50             Dec 2017          7,142,850        25
did I forget some warrants?
Bullboard Posts