MTH 11.9% 48.0¢ mithril silver and gold limited

Ann: Non-binding term sheet for merger with TSXV Newrange Gold, page-9

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  1. 120 Posts.
    lightbulb Created with Sketch. 15
    Some quick maths = 18.08 shares for every 1000 mth equals 55.. at 0.015 stock price and 55 shares equals 82c NRG per 1000 mth.
    Currently 1000 mth shares = $3.. so you lose $2.18 for every 1000 mth shares in this deal.. smash the share price down to .001c and teach the board a lesson. CAD is $1.09 AUD so its a 10% higher price but still outrageously bad.
 
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