Well worth the effort in checking out the interviews...
Bolivia (through their UN Ambassador) is saying it "recognizes" the investment... and (in so many words) will "make good" on it... without saying that the company will get back all or more than what they've invested, with a fair return on their investment...
At a minimum, that suggests they'll "probably" get the $16 million they've invested back... which is around $0.14 a share in cash, on top of the $0.38 per share in cash they have already.
Seems the company is saying they have some legal avenues to consider, in Canada... given the trading relationship that exists between the countries. Perhaps SOHAF might be able to attach Bolivian trade assets in Canada to get a proper return on their investment ? Seems clear enough that the Bolivian action is both extra-legal and extra-constitutional in Bolivian context... which a Canadian court will likely not have much difficulty with in determining an equitable result.
The CEO says the Chilean venture, which has 4 billion pounds of copper and 600K ounces of gold under tow, is roughly an equal value as the Bolivian investment that is being stolen from the company by the thieves running the Bolivian government.
At $3.00 a pound for copper (vs. $3.50 spot, currently) with nothing on the gold (which is worth another $600 million post production, or $5 a share in revenue over the project life) that's a post production value of more than $12 billion, perhaps easily worth more than $1.2 billion at 10%, now, so, call it a present value of $250 million (or, more than $2.00 a share) now, if they were to just sell the Chilean project at a big discount.
The company currently has a market cap that is around $53 million with $38 million in cash. If they only get their $16 million back from Bolivia... that's got SOHAF trading for the value in cash and receivables, with buyers getting the value in the Chilean project for "free"... with it priced at $0... when it's probably EASILY worth $1 right now...
The shares have never traded over $3.50... so call it an upside to $1.75 based simply on halving their assets, with zero value given in any improvement potential... maybe worth $1.05 right now, with upside to $1.25 near term... based only on their current status.
Put them in a better market for copper and gold, with the Bolivian risks removed... and a firmer valuation based on their other assets being in Chile... easy upside to $2 in a better market... more with higher prices for copper and gold.
Looks to me like the market HAD already properly discounted most of the Bolivian risks... with the recent market action being a fairly significant over reaction by the few who weren't paying attention before the news broke...
I think the Bolivian project was moving ahead more quickly than the Chilean project... so, maybe a bit of a "changing gears" discount for some time lag in that...
Still looks like an easy double from here... based on the current market conditions and the market dynamic apparent in the charts.
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