BLZ 0.00% 0.5¢ blaze minerals limited

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  1. 3,756 Posts.
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    I done a back of envelope calculation a few days back but have since lost the envelope... from memory fully diluted you get around 332m SOI. All new issue shares do however add to the balance sheet so fully diluted you’d see a MC around $30m with an EV around $15m.

    Getting a little high without a solid project but I think we all know the valuation is not based on what they already have but rather upon what is to come. These new advisors have a reputation in adding value, not just for themselves but also a bit reserved for shareholders
 
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