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Mason Resources Inc V.LLG

Alternate Symbol(s):  MGPHF

Mason Resources Inc. is a Canada-based company. The Company is focused on identifying, evaluating, and pursuing business investment opportunities. The Company holds shares in Black Swan Graphene Inc., which is focused on the large-scale production and commercialization of patented graphene products aimed at several industrial sectors, including concrete and polymers.


TSXV:LLG - Post by User

Post by Mookster3on Jan 09, 2024 9:17am
177 Views
Post# 35817083

SWAN on a run

SWAN on a runWith SWAN Graphene on a bit of a run lately (see news release), let’s not forget that Mason owns 39% of SWAN. When factoring in the value of those shares, Mason’s enterprise value sinks to a paltry $8 mm !!  Kinda wild isn’t it, considering that Mason owns 100% of the Lac Gueret graphite deposit (with 50 % option to NOU), which is by far the largest, highest grade graphite deposit in North America.      
 
 
Shares out (mm)   141
Price ($CDN)   $0.21
Market Cap ($mm) $30 mm
 Cash  (mm) $7 mm
SWAN shares ($mm) $15 mm
   
Enterprise Value ($mm)  $8 mm
 

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