RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Top insider for junior miners It's a good analysis by Goldenl. I myself have been wondering how things might go differently with a private equity deal. Given the recent news of Cynthia exercising her options and also the rumour that Lambo posted about, that the site has been closed off for a while, I've been wondering if Cynthia has finally gotten enough data to, at the very least, infer 10M GEOs (with the potential for more with little data so far on Twin Falls). If USCG has completed their due diligence, it may be that they agree the data is good enough to infer this as well, and have been trying to figure out details of a BO. Or it could be a multitude of things... a theory I've thought of is they're potentially convincing a major for some sort of equity joint venture that significantly decreases the risk for that major since the BO and costs to get to production would largely be covered by PE.
Quick math: piggybacking off of the 5M GEOs analysis by Goldenl and Smitty, we basically just double the amounts. So, BO is anywhere from $1B to $2B with 10M GEOs, which should be a reasonable price even if the GEOs are largely inferred, given that it's possible the property could have much more than 10M GEOs when it's all said and done.
$1B/267.5M shares = $3.74 USD per share or $5.04 CAD per share
$2B/267.5M shares = $7.48 USD per share or $10.08 CAD per share