OTCPK:BLILF - Post by User
Post by
neoscepticon Jun 22, 2022 10:14am
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Post# 34773694
Made my mind buying at .26
Made my mind buying at .26Hopefully my greed will pay off!
Fair value at the moment: .385 (present share price of LPI) * .9 (exchange rate) * .7 (proportion) + .02 (capital distribution) = .26
I win nothing on transaction, but operationally, it is a big win.
Basically BRZ is finally out of coma and its outstanding deposit will be Li player. It is in post FS stage!
We are going to be LPI at the time of spin off. Should be within 3 -4 month or so.
LPI, now, can begin negotiations on behalf of 100% of Maricunga.
1.4B NPV is bare minimum, conservative estimate. Even if present prices will collapse by 50% and Maricunga will grow 30%, 3-4B is more reasonable.
I believe that move should add 30% to total entity value. I.e. BRZ should be trading at .34, by Friday. Won't happened, but those who a long with BRZ should be happy.
Unless I am missing something.