FML 15.2% 14.0¢ focus minerals ltd

focus in the news, page-7

  1. 272 Posts.
    Can someone check to see if these figures add up for the new FML.
    FML currently have 4,116,262,120 Share holders (SH)
    CRE 1,208,552,449 S/H
    Total combined S/H 5,324,814,569

    Combined FML & CRE Reserves 4.3Million oz Au

    Assumed Gold Price $1,700/oz
    less
    Production + other Costs $1,000
    --------
    Assumed Profit per oz $700/oz
    --------

    Share Value=Assumed profit/oz(700)x Combined reserves(4.3m)
    = $3,010 million

    less CRE Debt= approx $200Million

    Assume Profit= $2,810 million

    Assumed Profit (2,810,000,000)
    ----------------------------------
    Combined S/H (5,324,814,569)


    Potential Future Share Value = $0.527/share???
 
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14.5¢ 15.0¢ 14.0¢ $34.69K 242.4K

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5 132799 14.0¢
 

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16.5¢ 4616 1
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