Re: Back of envelope calculation most likely worst case .28 and best case 4.67
posted on
Apr 17, 2012 10:27AM
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
500 million is decision.
55% shareholders x 500,000,000.00 = 275,000,000
275,000,000 - 100,000,000 + 33 million (interest 3 years at say 10%) to bondies = 142,000,000
142,000,000- 36 million +5,000,000 (interest and 1 million payment tenor) = 101,000,000
101,000,000/364,820,000shares= .28
Best case scenerio -3.4 billion Award
3,400,000,000 x 55% shareholders= 1,870,00,000
1,877,000,000 - 133 million bondies - 41 million tenor= 1,703,000,000
1,703,000,000/364,820,000= 4.67
Stock should be tradng between .28 and 4.67