HRS
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0.00% 3.0¢ hudson resources limited

value, page-7

  1. webral
    5,249 Posts.
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    17/09/10
    14:43
    Post #: 7211462
    The new company, Sovereign Gold, have released their prospectus

    assets (assuming Sovereign Gold list at 20c)

    55 million ABZ shares @ 45c = $25m
    31.8m TCM shares @ 42c = $13m
    20m TCM options exercisable at 30c = $2m (in the money)
    Materials - attapulgite $1m
    Property - $3m

    New potential listing

    Sovereign Gold 40m shares at listing price 20c equates to $8m

    Total $52m

    Market Cap $22m

    HRS Price at posting: 20.0¢ Sentiment: LT Buy Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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