I have read the anns doesnt say much other then they are exploring avenues... i was hoping holders might have more info... whats the point of a stock forum if you cant share research.
If the company has $10 mil in cash and receives $6 mil from Vulcan copper they then have $16 mil cash and the EV lowers if they dont receive it the EV doesnt change from where it is.
It shouldnt be factored into EV calcs as its been written off by the company (as stated in company announcements)
I dont understand why you keep rattling on about a CR adding new shares to SOI is 'printing shares' and doesnt change the EV... no one at any stage has said otherwise.
A1M Price at posting:
33.5¢ Sentiment: None Disclosure: Not Held
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