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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: Back of envelope calculation most likely worst case .28 and best case 4.67
5
Apr 16, 2012 07:41PM
4
Apr 16, 2012 07:53PM

G
Apr 16, 2012 09:03PM
3
Apr 16, 2012 10:11PM

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

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