OTCQX:CBLLF - Post by User
Comment by
hawkman1969on Jun 18, 2019 2:42pm
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Post# 29836989
RE:RE:RE:Cash and stock buyout by Pala Investments of KBLT
RE:RE:RE:Cash and stock buyout by Pala Investments of KBLTLumpy, I agree.
A TD research report dated May 1 2019 had Ramu worth $1.18 USD and the other royalty streams worth $0.17. Add the $5 million and giga metals and you get 1.40/share USD or about $1.87 CAD. quite a bit less than the $2.18.
TD put Voisey at a 12 month value of $3.81 and the cobalt at $1.70. this was at $22.50/lb and cobalt was last at $12.70 so the value of these would be about $3.60/share USD. This means Pala is buying these two things at a %33 discount.