RSG 5.60% 66.0¢ resolute mining limited

re: what's valhalla worth yellowcake ? That's the $64K questionI...

  1. 2,572 Posts.
    re: what's valhalla worth yellowcake ? That's the $64K question

    I recall RSG stated that they would keep 75% odd of Valhalla & that they wanted to raise around $5m working capital from the float.

    So I'm guessing that the offer to RSG holders will be 1 Valhalla @ $0.20 for every 5 RSG held resulting in 30m shares to RSG shareholders & 120m to RSG & an IPO capex of $30m

    So come up with a "real" ex IPO value for Valhalla, divide by 150m & that's the possible stag

    Opinions ?
 
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