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The previous post was meant to explain you a selling price for...

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MagicSeven

597 Posts.

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23/01/18

17:53

Post #: 30508153
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Originally posted by MagicSeven ↑

And just to say that:

Our deposits of copper and cobalt with todays marketprice are worth:

Our copper depots more than >500'000t
3.5 Billion$ = 500'000t * 7'000/t

Our cobalt reserves more than > 50'000t
3.85 Billion$ = 50'000t * 77'000/t

Total we/tgs have deposits of more than
7.35 bn USD ($) in our drc-grounds!!!

If we now would say that just 10% of that would be a net profit (worst case).. we have a market capitalisation of 750mn minus 210mn debts..

Equals a selling price for tgs of 540mn (normal market price) and also the half of that would be worth a sell of around 270mn for our tgs!!!

With such copper and cobalt prices rising further a good operation would save a yearly net profit margin after tax of more than 30% after all costs! So in the end buying tgs for just ~270mn is more than cheap!!!

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The previous post was meant to explain you a selling price for the whole company!

Please don't confuse it with the current spa, which is a divesting agreement which is just worth 40-50mn (net!) or 6 times below a min. offer should be!!!

TGS Price at posting: 4.9¢ Sentiment: None Disclosure: Held
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