The new company, Sovereign Gold, have released their prospectus
assets (assuming Sovereign Gold list at 20c)
55 million ABZ shares @ 45c = $25m
31.8m TCM shares @ 42c = $13m
20m TCM options exercisable at 30c = $2m (in the money)
Materials - attapulgite $1m
Property - $3m
New potential listing
Sovereign Gold 40m shares at listing price 20c equates to $8m
Total $52m
Market Cap $22m
- Forums
- ASX - By Stock
- HRS
- value