Aurora Acquisition Corp (AURC)

[BonelessCat]

That is interesting. Kylon came after December 15. Anyone care to guess what that means? Assets to be revealed in the 1st Q report will then include additional Kylon holdings? Anyone?

I think that with the rise in gold prices for April, the asset value has already increased by 20%, or more.

As for the $4 billion listed in both liabilities and assets. The assets are in the ground, therefore for accounting's sake they are then subtracted out under liabities. Otherwise, it would show as distributable per share returns. Once removed from the ground and processed, production costs are subtracted from the net value, while liabilities and assets are reduced by estimated value of the asset removed. The balance is the net income that is then applied to net income/loss per share.