TSXV:HRE.H - Post by User
Comment by
TrickyGameon Jan 24, 2020 11:58am
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Post# 30594709
RE:THEY ARE WORTH AT LEAST 15 CENT A SHARE
RE:THEY ARE WORTH AT LEAST 15 CENT A SHAREI calculated it out if we get the $32.5 Million CAD we are owed by the Judgements we are worth $0.08-$0.09 CAD per share. It says in financial statements that the $14.8 or whatever Million we have in debt was to both funders for the agreements. the $0.08-$0.09 CAD per share is based on the funders not recieving a monetary success fee for winning the case because no one know what was decided about that. I believe the second funder negoiated a deal where they get shares or warrents of HRE stock as payment because it seems that way from the last time I read the agreement with the second funder. I agree HRE is grossly undervalued even @0.015 CAD if we can collect and even more undervalued if we can collect and the JV gets off the ground but I don't agree about $0.15 CAD. I only see that happening if we get the money and the JV gets off the ground but if both those thing happen I see it going even higher than 0.15 CAD potentially. The key being we must survive as a company until then.