i would love to see what other think LYC could be worth assume in the Mount Kellett conversion trigger reset event is activated.
dont flame me as a downramper i would like to see what other people estimate the SP may be after this event.
Current shares on issues
1,716,159,363 30 day VWAP *FROM* 16th Oct est ~ .75c **big assumtion here**
120% 30 day VWAP .90
mcap at est 30 day vwap from 16th oct $1,287,119,522.00
225,000,000 / .90 = 250,000,000 shares
1,966,159,363 / est mcap = .65c
Please provide your own estimates if you disagree with my math, i have made some assumtions based on next 30 days trade as the conversion price is based on 120% of 30 day VWAP commencing on 16th Oct 2012
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