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Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

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Message: Re: Close to 450 million fully diluted shares, what is the asset worth per share?
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Jun 12, 2010 09:35AM

Sorry, should of made myself a little clearer with Yamana. You can use Yamana as a benchmark for gestimate of potential share value with KRY. Yamana eps is 0.1 per quarter. KRY eps is estimated at 40000tpd to be 54M for 3 yr then 113M after that. so our eps dividied by 540million shares is 0.025 per quarter, and 0.05 per quarter respectively. So we could gestimate a share price being a 1/4 to 1/2 the value of Yamana share price of 11$dollars or $2.75 to 5.5$ dollars per share.

JMHO

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