Wow! What a 20 to 1 shareprice that would be. I could handle 200.00 a share.
I don't think it is really pie in the sky. The following is possible.
Newco's resource is estimated at 1 billion oz Ag equivalent.
POS is $65.
Resource in the ground is valued at 10% of metal.
So, that gives us :-
1 billion oz x $6.50 / 32million shares = $203 per share
I could handle it as well.
Also, the warrants are worth $189 or so.