GXY 0.00% $5.28 galaxy resources limited

it's off - first trade 8.6c, page-17

  1. 132 Posts.
    My rough numbers on the value of Galaxy assets after debt
    assets Debt
    WA Mine $50,000,000.00 bank $113,000,000.00
    Jiansu Plant $190,000,000.00 bond $62,000,000.00
    SDV $50,000,000.00
    Canada resource $10,000,000.00
    Total value $300,000,000.00 Total debt $175,000,000.00
    Net company value $125,000,000.00


    Shares now 584355501
    New Shares 215000000
    Total Shares 799355501
    Capital raised $17,200,000.00
    options 322500000
    capital raised $25,800,000.00
    total shares 1121855501
    est value + capital raised $168,000,000.00 assets/shares +options $0.15
    I think I read where the company had a valuation of SDV of 300 million and replacement of Jiangsu would be 220 million plus however I have tried to put realistic values
    What do you guys think
 
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