BGD 2.88% 25.3¢ barton gold holdings limited

My Valuation in 3 years time $2 plus, page-6

  1. 196 Posts.
    lightbulb Created with Sketch. 51
    Not trying to offend but if we get to your numbers on 15% dilution from here then that likely means the bank owns us and we will make nowhere near 1000/oz profit.

    Its just not realistic, we will have to pay the piper one way or the other. dilution would hurt upfront but leave much more profit on a per ounce basis.

    imho its more realistic that us shareholders factor in another 15-20% dilution just to get to a dfs from here.

    gltah.
 
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