Comparing Webbs and Conrads with Bowdens, it looks like Webbs and Conrads each hold 1/4 of the AG eq. oz. that Bowdens does (16.5/17.5m oz. for Webbs/Conrads vs. 66.5m oz. for Bowdens). In saying that, does this transaction seem undervalued?
$50k cash, $269k bond, 75m shares @ ~$0.14 ($10.5m), and 50m options at exercise price $0.124 ($0.14-$0.124 = $0.016; current worth $800,000). Total value ~$11.6m?
Can this be used to forecast potential Bowdens sale price?
SVL Price at posting:
22.0¢ Sentiment: Buy Disclosure: Held
