As far as I know the $1.4B is based on $1300 gold.
As far as I know the shares outstanding in the now private company are as you say, 74m..ish
So, basic maths tells me this:
IF!!! The company is sold for the $1.4B as previously noted in their feasibility study then the equation would be 1,400,000,000 / 74000,000 = 18.91 dollars per share.
As far as I know... the strike price for our warrants is around $6.70.
Your question (3)... is ambiguous. The warrants have a cashless strike as well, which means they will/should hold a value of some sort that the owner can exchange for shares. I have no idea what that might be, or how to equate it. Or the owner can choose to strike the warrant at $6.70. As a working example for you: MY personal case is I bought 67,700 shares at $1.10. I now have 6872 warrants. If the strike price is $6.70 then to strike the entire amount I would need to find $46,042. For me to break even on the whole sorry lot of this rubbish - I would need the share price to be equal to $74,470 + $46,042 = $120,512 / 6872 = $17.53. So anything over that represents a profit for me.
This is basically as far as my knowledge takes me. As far as its risky to wait until March considering the gold price. I think they have put this out to tender. I believe GS are the brokers. So they'll most likely look toward the 200MDA or something like it.
Thats all I know...
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