Saturday, November 20, 2010 2:35:54 PM
Float in this example is WAY above what it is here!!
and it is yet to be seen what comparable reserves are!!
Divide 398,618,333 LBSR by 28,500,000 SAEI = ??? ~13.99 Multiple
Just a slight difference there!!! lol
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Share Structure SAEI
Authorized Shares: 70,000,000
Outanding Shares: 61,000,000
Restricted Shares: 32,500,000
Free Trading Shares: 28,500,000
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Share Structure LBSR
Share Structure as of November 18, 2010 (As per the TA)
Authorized: 1,250,000,000
Outstanding: 571,174,487
Float: 398,618,333 estimate (Assuming the 31,223,178 were from private placements)
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