GREY:TIMGF - Post by User
Comment by
EricLeboeufon Oct 04, 2018 7:04am
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Post# 28742783
RE:RE:RE:RE:New presentation on their web site
RE:RE:RE:RE:New presentation on their web siteMost of TIM'S shares are in managements, board and fund hands
Most of the money was raised at 0.40$
As per the 0.15$ PP with warrants, The company will need liquidity once things are "Ready", these shares will feed the market slowly and also fund the company with the 0.17$ wts(3,4MM$)
Calculate the market cap on 100MM shares so 12MM$ Today (with 6MM$ in bank from cash and wts)
This means 75% of the near 1MM oz's(750K oz's) at 13.4g/t equiv. are worth just 6MM$cad in market cap Today!!!!! = 12.50$ per high grade oz in ground!!!!
The value of the rock is 500$ a ton, the stock market value is 30$ a ton!!!!!!
It should be worth 8 times that In both of these price analysis
Long story short, at 100$ per once in ground(net) = 75MM$ property + 6MM$ cash = 81MM$
81MM$/100MM = 0.81$ share price + discovery upside from new targets
Funds are going to eat this up in a big way.....