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
GXY Price at posting:
9.3¢ Sentiment: Hold Disclosure: Held
