CIG 0.00% 6.0¢ caspian oil & gas limited

Have to correct a few things.BYR has assets other than...

  1. 2,929 Posts.
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    Have to correct a few things.

    BYR has assets other than Mansounia.
    If you valued Mansounias gold @$10/Oz which is very generous but equal to half the market cap our share would be $1.5 M

    Tengrela has 750k ozs not 5 mill.
    Royalties on all @$6/oz woul be $4.5 mill which needs some discounting for time value of money.


    PRU do we still have 2 M shares?I lost track long ago.If so 6M good.

    The other asset we have of course is the drill rig costing
    3m if my memory goes back that far in 2007 I think.

    We do have some liabilities in the form of management which is changing
 
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