SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: Amark$p who wrote (49275)9/19/2007 11:13:53 PM
From: tyc:>  Read Replies (1) | Respond to of 78419
 
Good work on EPM amark. However, when you apportion the cash flow to each share, don't you think you should use the fully diluted shares ? After all, the benefits of cash flow are going to be ultimately distributed equally among all shareholdings, including the exercised warrants and options.

As I understand it, fully diluted shares total 436 MM; that's significantly higher than the shareholding you use. Is there an argument that justifies the use of the lower total ?



To: Amark$p who wrote (49275)9/20/2007 9:31:34 AM
From: Condor  Read Replies (2) | Respond to of 78419
 
Good stuff, thank you.

Even fully diluted it would give cash flow/share .34 first year.
At the conventional 10 x's thats 6.80/share.
Add in cash on warrants of $ 150,000,000.

Anyhow...the point is made.

C


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News