Re: Let em have it Stan!

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Dutchmen

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Re: Let em have it Stan!

in response to

Let em have it Stan!

Ringer

posted on Jan 25, 2020 04:59PM

Ok so here I go with a very very very simple calculation of our possible take over / buy out price...don't shoot me if I'm dead wrong ;)

Only for the chromite we have about 115 billion worth of goodies in the ground. Let's say in the next years we will see a share dilution up to 500mln shares.

A very general take over percentage is about 6% of the insite value.

That would leave us for only the chromite with a SP of around 13CAD$.

I'm still one of the believers in this project so my numbers are based on nothing more than pure hope.

BUT I still feel with these nr's that one day we have to wake up crazy dick :)

Have a nice weekend!

Jean

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