My rough numbers on the value of Galaxy assets after debt
assets Debt
WA Mine $50,000,000.00 bank $113,000,000.00
Jiansu Plant $190,000,000.00 bond $62,000,000.00
SDV $50,000,000.00
Canada resource $10,000,000.00
Total value $300,000,000.00 Total debt $175,000,000.00
Net company value $125,000,000.00
Shares now 584355501
New Shares 215000000
Total Shares 799355501
Capital raised $17,200,000.00
options 322500000
capital raised $25,800,000.00
total shares 1121855501
est value + capital raised $168,000,000.00 assets/shares +options $0.15
I think I read where the company had a valuation of SDV of 300 million and replacement of Jiangsu would be 220 million plus however I have tried to put realistic values
What do you guys think
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