SL1 0.00% 0.0¢ symbol mining limited

money ...it wants into east africa, page-5

  1. 2,313 Posts.
    I just thought about perspective....

    They were $480 million dollars worth over subscribed. LOL!!

    Our MC is $25 million, todays price (And that's fully diluted, and excluding any options money that might come in to count as cash)
    SO potentially $25 million with up to half that again, not counted, but as cash in the bank.

    At $2.00 per share....everything we've got and potentially got for bargain basement, fire-sale price of ~$250 million....

    That would still leave them with $230 million....

    Drill lots of holes with $130 million,

    And invest the savings of $100 million at 5% :)

    Scratch my head anymore, and I think I'll get splinters in my fingers :)

    Did I mention, I'm not a financial advisor :)

    Time will come my friends, our time will come :)
 
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