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Resource Capital Gold Corp GDPEF

RF Capital Group Inc is a financial services firm. The company's operating segment includes Wealth Management and Corporate. It generates maximum revenue from the Wealth Management segment. The operations segment provides carrying broker services to third parties, including trade execution, clearing, and settlement services.


GREY:GDPEF - Post by User

Comment by LeftBookon Jul 31, 2019 10:06pm
55 Views
Post# 29982141

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Does ML7 still need a listing ?

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Does ML7 still need a listing ?
The company seems to have fully priced in the value of the tax credits when it tried to spin off Corcoran.
 
The company was valuing the shares at 20c per share.
 
The shareholder equity was $8.1M. The shares outstanding were 123.3M
 
123.3M * 20c/sh = $24.7M
 
$24.7M shareholder value
+ 13.1M liabilities
= 37.8M total liabilities
 
working backwards to find the value assign to the tax credits
 
$37.8M Total value 
- 21.2M total assets
= 16.6M tax credits
 
---
 
 
March 21, 2017
 
RCG ENTERS AGREEMENT TO SELL CORCORAN SILVER PROJECT, RAISING FUNDS FOR EXPANSION OF GOLD PROJECTS IN NOVA SCOTIA
 
 
https://www.rcgcorp.ca/news/2017/rcg-enters-agreement-to-sell-corcoran-silver-project-raising-funds-for-expansion-of-gold-projects-in-nova-scotia
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