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A voice of reason

04/12/07 5:20 PM

#38056 RE: wareaglephillip #38055

Nope, not even close. It doesn't work that way.
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mtmony

04/12/07 6:45 PM

#38066 RE: wareaglephillip #38055

Buyout will based on revenue potential of the exporting license, which is owed by GBDX. Which I believe, the revenue potential is huge based on what they have already done in 6 months with cut stones. Put a small growth rate on just that and a 5 -10 year projection buyout price would definitely be in the pennies.The big up side and the major reason, I believe why someone wants the license is that export quotes have been lifted in Russia with regard to uncut stones, which is huge!!!!! Revenue growth here would very large!!!!