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Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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Bullboard - Stock Discussion Forum Urthecast Corp LFDEF

Technology Software - Application
UrtheCast Corp is a Vancouver-based technology company that serves the geospatial and geo-analytics markets with a variety of products and services. The company operates earth observation (EO) sensors in space, including two satellites, Deimos-1 and Deimos-2, to produce imagery data that is displayed on UrtheCast's cloud-based web platform and distributed directly to partners and customers. The... see more

GREY:LFDEF - Post Discussion

Urthecast Corp > Deimos Value?
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Post by onxy10122012 on Jul 27, 2019 2:16pm

Deimos Value?

They payed 85 million for Deimos, Deimos 1 life span is now over although these satellites are known to surpass the expected life expectancy by many years, Deimos 2 life expectancy is 2021 anyone care to guess what Deimos is worth today?
Comment by onxy10122012 on Jul 27, 2019 2:56pm
When Deimos was purchased Urthecast had a bought deal purchase agreement with Ramond James @ $4.00 per share to make up the remaining 42 million needed. Debt was the remaining 37.5 million euros at that time which I think is now 25 million euros/37 million Canadian dollars outstanding, which leaves them with approximately 87M  ( sale price a guesstimate) - 37M (Sabadel debt) leaves them ...more  
Urthecast Corp