Post by
wiz099 on May 20, 2016 9:25pm
caesars report blow your mind
https://www.caesarsreport.com/blog/the-updated-bayovar-12-pfs-will-blow-your-mind/
Comment by
wayned on May 21, 2016 7:38pm
It sure blows my mind . Even with 100% share dilution from here they still give Focus a per share value of $1.50 C . If we had not got taken in by that fly by night Brazilian engineering outfit we would have been building a mine by now . Surley there is some recourse to be reimbursed .
Comment by
DosCervezas on May 23, 2016 9:57am
Well yeah. The after-tax NPV 7.5% is US$458M. That's exactly C$600M. focus owns 70% of the project, which is an attributable NPV of C$420M. So even with 400M shares outstanding, the NPV/share would still be C$1! Doesn't mean we will get there overnight, but it sure does show the sub-10ct price is ridiculous
Comment by
twogood on May 23, 2016 7:50pm
Simon is the Chairman of Fortuna Silver Mines Inc., CEO of Focus Ventures Ltd., President and CEO of Radius Gold Inc. He can get some financing through Fortuna, which has a lot of Cash in the Bank. And work something out with Sprott.
Comment by
kimber on May 24, 2016 1:40am
Profect Financing not the issue. The PRICE of the equity financing is the issue. At least it's the issue for current shareholders.