Southcorp Capital Inc (STHC)

[Bodach]

Let's look at what they put as their own description of the incoming company:

Our focus is to create shareholder value while supporting local communities by creating commerce, infrastructural advancement, and downstream technological development of new age materials. We aspire to make a difference by finding transformational projects for regions lacking this dynamic, employing the industryâ??s highest standard ESG, and backing carbon friendly R&D to help the planet become greener.

There is nothing about mining in here. The draw to STHC is the value of the graphite and other mined materials. Will this money translate to the bottom line of the incoming company? Who knows; we'll have to wait for details. But it appears, from their own description of the incoming company, that it's some research and development company with a green/ecology thing. I'm sure it's not garbage, but it's not the graphite and gold. So how do we value STHC right now? We can't really.