RE:RE:RE:RE:RE:Article
So let's assume hypothetically the stock goes up to 0,40CAD and the convertible debt/warrants/options are not exercised below or equal to the conversion price and are fully exercised when the share price exceeds the conversion price. Then 244,766,446 + 11,166,666 + 10,000,000 + 14,624,074 = 280,557,186 shares would be outstanding. That means the company would be worth 112,222,874CAD or 83,748,413USD, which is still _well_ below the (even at 2017 5% discounted) NPV of 133M USD of the Moss mine. Actually there's still a 58% upside from there.
If we go to e.g. 0,50CAD then more options/warrants are likely to be exercised, 280,557,186 + 44,596,666 + 14,624,074 + 4,720,000 = 344,497,926 shares outstanding, so the company would be worth 172,248,936 or 128,544,002 USD. That approximately matches the NPV of the Moss Mine, so this would be approximately full value (at the 2017 5% discounting, and also disregarding any exploration upside of course).
A share price of 0,50 is about 263% increase compared to today's share price of 0,19 so that's definitely an opportunity.
Of course this is disregarding some things like the gold call options etc, but it goes to show the upside can be huge. Especially if the much talked about exploration upside is realized effectively, since that's not even part of the above analysis.
The real question is of course whether you believe the company will be able to realize the Moss feasibility study operationally... :-)
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Lots of if and maybes in your explanation. Right now the stock has a hard time getting to 20 cents. you are thinking 40 cents to 50 cents. that is a far stretch. the track reccord of management speaks for itself. always missing the mark, always late and over budget. this will drag for a while as people are putting money in cannabis and tech now.