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Cube Psytech Holdings Inc. T.P


Primary Symbol: P.CUUB

Cube Psytech intends to trade on the Canadian Security Exchange. There is no date set for the closing of their Initial Public Offering at this time.


P.CUUB - Post by User

Comment by alexco99on Nov 23, 2017 2:32pm
125 Views
Post# 27020895

RE:Extension

RE:ExtensionThe extension to December 1 isn't a drop dead. They can extend in an additional week or 2 if need be. But I would expect this to all be settled before the holidays. I hear that Wheaton has agreed to renegotiate the stream. So that is the good news. The issue now is getting the bidder to offer fair value for San Dimas so shareholders can be compensated equitably. I believe Primero wants over $100 million for San Dimas. Can somebody do the math and factor in the share price in usd if Primero sells san dimas for $75 million, $100 million or $125 million once you subtract all the debt and factor in the VAT owed. I believe there are around 192 million outstanding shares for PPPMF. I would not look at the volume today or tomorrow with the Thanksgiving holiday in the US.
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