So after sale cash balance 6.7 million
Retain 15% of foreman butte sale price 40 million.
Valued at 6 million
Total value of other assets guessing 20-30 million
Total 12.7 million known plus 20-30 million unknown value
Market cap currently 3 million share price 0.002
Surely market cap should be at least cash price
Of 0.004-0.005
And twice that at say 0.008 with the 15% holding and other assets held.
Thoughts?
SSN Price at posting:
0.2¢ Sentiment: Hold Disclosure: Held