"...So assuming they Jorc up 500mt@ 5% the today shares on issue would be 71m and Mcap would be:
$24m + $11.2m + $11.2m + $11.2m = $57.6m (Not including the $300k purchase cost and Performance B: $1.5 cash )..."
I did not mention SYR as TON is a cheaper entry into this space and OGI's graphite will likely be a direct extension of (Ie, is Adjacent to) Ton's current Nicanda hill prospect not SYR's deposit.
PS: Not trying to talk up or down this stock just merely putting some facts and my interpretation my opinion out there... Based on above numbers I have no interest whatsoever in OGI at current price ...maybe at 0.006 but the uncertainty is the real issue for me here...
Anyway last post from me..
Good luck to all holders I hope it multi-bags for you ...
I'm off to look for better prospects elsewhere,
Cheers FH