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Stans Energy Corp V.HRE.H

Alternate Symbol(s):  HREEF

Stans Energy Corp. is a Canada-based resource development company focused on advancing rare and specialty metals properties and processing technologies. The Company is transitioning into a supplier of materials and technologies that will assist in satisfying the future energy supply, storage and transmission needs of the world. Its subsidiaries include SevAmRus CJSC, Kutisay Mining LLC and Kashka REE Plant Ltd.


TSXV:HRE.H - Post by User

Comment by TrickyGameon May 29, 2019 1:03pm
207 Views
Post# 29782091

RE:RE:CORPORATE UPDATE HRE PLEASE READ

RE:RE:CORPORATE UPDATE HRE PLEASE READSomeone correct me if I've done this wrong but in  CAD that 210 M USd is about 300 M.

Stan's owes the first funder 7.5M USD X 4 so 30 M USD which is roughly 40.5 M CAD
Stan's owes the second funder idk they neer disclosed it so lets say 15 M USD which is roughly 20.2 M CAD 

Outstanding shares roughly 184 M. Fully diluded i think it's at 197 M 

So 300 M CAD
     - 40.5 M CAD
     - 20.2 M CAD
     = 239.3 M CAD

now you divide 239.3 by 184 M shares it comes out to $1.30/ share
now you divide 239.3 by 197 M shares it comes out to $1.21/share

note: that is IF stan's gets the full amount they are seeking. people on here are saying they wont get the full amount
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