GRY gryphon minerals limited
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has anyone got any clue as to what is going on, page-6

  1. FGSTR
    40 Posts.
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    13/05/12
    12:51
    Post #: 10168044
    Some fuzzy logic there I think Alex999.

    An MC of $550 million implies a SP of 555/348=$1.58

    Better to use the Enterprise Value, currently $151 million which would be unchanged if $300 million were raised,

    EV = MC-Cash + Investments + Hedgebook - Liabilities + OtherFinancial)
    GRY Price at posting: 73.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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