EIO 3.57% 29.0¢ energio limited

keeping the price down, page-40

  1. 559 Posts.
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    Shikapat

    your pretty much correct, I have done my numbers on a sale to a major just like CFE too MCC 400 million dollars and AKI around 350 million. With a further dilution of 20 million dollars at 30 cents is around 70 million further shares and that will take the total share register to around 330 million.

    330 million shares at a sale at 330 million dollars is a 1 dollar a share if they get closer too around 400 million well that around a 1 .30 per share.

    I dont think the present board will get this too production only to firm up the resource and then to on sell, given past track record of delivering.

    My opinion only
 
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