Posted by: Texan77 Date: Tuesday, December 01, 2009 8:14:24 PM
In reply to: lookingforhelp who wrote msg# 87348 Post # of 90363
Im showing my calculations as a starting place any revisions are welcome and probably nessasary;I did by useing what percents each property is owned by FFGO as well as what price each share of Bouse and South copperstone were going to be paid in Hurasu deal at a total property value of 1.5B of wich we have a percent.
1.5B x(75% (from .76 share hurasu doc.)) = 1.125B Bouse
1.5B x (25% (from .25 share hurasu doc)) = .375B South Copperstone
perspectively;
23.22% bouse , .2322x 1.125B = 261,225,000
46.84% south copperstone, .4584 x .375B = 175,650,000
numbers more exact than first looked up percents anyway ,
total proceed to FFGO share holders not includeing old divi people just current shareholders= $436,875,000/28B= .0156
note; total value increase from original 1B year old quote at 800 Au oz now 1200 50% increase so 1.5B
anyway its just something to work with in what form and when ares till unknown and original value starting place is very thin but could be construed in my opinion.