From the 8k. 6/23/17
The valuation results of the Dadi Mining Rights issued by KPMG and the valuation report issued by PWC are RMB751 Million (approximately USD$109,967,705) and RMB322.23 Million (approximately USD$47,183,613), respectively.
Silver Dragon Resources owns a 20% equity interest in China, Sanhe Sino-Top Resources & Technologies, Ltd. ("Sino-Top") and subject to execution of an Equity Transfer Agreement with the Purchaser, completing a change of business registration and approval by the PRC’s Foreign Exchange Administration, the Company will receive approximately USD$15,714,692 for the transfer of its 20% equity stake in Sino-Top.
Why is anyone expecting more money than this?
