Crystallex International

Welcome to the Crystallex HUB on AGORACOM "Crystallex International Corporation is a Canadian-based gold producer with operations and exploration properties in Venezuela."

almost 13 years ago

in response to nzranger's message

Ooops,

Thanks for the correction about the principal being subtracted first before the CVR percentage is applied. I left that out. My bad.

Alright, so at the $300 million level, that gives us (the shareholders), $75 million, or $0.1875 a share. At the $500 million level that gives us $177 million or $0.44 cents a share, and at $600 million, that leaves us with $228 million or $0.57 cents a share.

Thanks for the correction, that is a significant difference, especially at the smaller settlements.

Keep in mind, I didn't factor any cash we may have remaining at the arbitartion time for remaining equipment, data that we may have sold, etc.

Cheers,

FK.