Lydian International Ltd T.LYD

Primary Symbol: LYDIF

Metals & Mining Gold

Lydian International Ltd is a gold focused mineral development corporation engaged in exploring and developing precious metals assets located in Armenia and Georgia. Its main project is Amulsar Gold Project (Amulsar) in Armenia. It owns the Amulsar Project, through its wholly-owned subsidiary Lydian Resources Armenia. Amulsar is a compelling opportunity for a large scale, low cost operation utilizing open pit mining and conventional heap leach processing.

OTCPK:LYDIF - Post by User

Lydian International Ltd > How much $$ to walk away?

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Comment by Chileanmafiaon Nov 25, 2019 6:39pm

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Post# 30391201

RE:RE:RE:RE:RE:How much $$ to walk away?

I agree $ 1.2Bn would be great for shareholders - however I suspect that if LYD is successful with the BIT process then the amount would be lower based on previous amounts awarded to mining companies.

Also agree Armenia does not have much of a leg to stand on - so it will be interesting to see the direction that LYD will take.

So assuming that LYD is awarded $750 to 800 million from the BIT process then one could also assume that half of this amount would be ear marked to repay debts thus leaving about $350 to 400 million for shareholders - if this is correct then that would mean the value of the company would be in the neighborhood of 50 to 55 cents a share - so for the gamblers out there getting in at 7 cents a share could have a substaintial upside if LYD elects to go the BIT route and they are successful in getting a positive ruling.

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