GREY:ALXDF - Post by User
Comment by
biotechguy1on Feb 09, 2019 9:38am
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Post# 29341667
RE:Schmo
RE:SchmoSimple, a group brokering the deal will want 4 to 6 percent and so<br /> <br /> 680,000,000 share @ 0.03 = 20,400,000...so that is the value of AZX plus existing debt around 3 million. <br /> <br /> A company would need roughly 24 million just to buy at 0.03 and 16.6 million to buy them at 0.02.<br /> <br /> i suspect most will let them flop around for a while longer.<br /> <br /> if the deposits looked expandable then maybe some interest is out there, but AZX in its current form won’t happen, no drilling, no interest, just nothing <br /> <br /> GLTA