RE:TVC - The worst case scenarioNOW
Liquidation is a biger worst case for Anglo - Demobilization of assets and liquidation takes years with an asset tha can start producing cash flow as soon as this summer;
That why they release that Anglo is fully collaborative;
Bachus Capital involve maybe the involvement of a newBuisiness partner for TVC
I evaluate at over 95% to have a final deal by the End of April;
Worst case scenarion - I am a sharehoder of a shell that I give a value of over 10m;
Yes if worst case scenario happen; Stock can drop down to .02 temporarily; I will double my position then;
IMHO - in any case - I have a win win situation - Worst case- I have an easy 2 to 3X within a year;
jetfuel10X wrote: Present market Cap: $ 8 434 000
Cash in bank: $ 6 000 000 +
Deficit $ 257 000 000
IMO TVC worst case present value if liquidation of Chile asset; - mean bankruptcy of Chilean sub;
Value of a shell TSXV: $ 2 000 000
Cash in bank $ 6 000 000
Value of Deficit $ 12 850 000
Total ___________
$ 20 850 000 or $0.186 per TVC shares
Notes:
-Most of the debt is the the Chiliean Sub - will be erase by the banckruptcy of the Sub
- Cash is in the Canadian division
- A shell can worth any way from 1m to 5m - I beleive that thi high level status of present board - management can react rapidly and Use TVC as a shell transaction RTO
A deficit has technicly a value betweent 5 to 15 % dependant if the new corporation in the RTO can use it; I took 5%