Mar June 2017 Chrysos Q1

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March 8, 2018 at 7:42 am #441281
nickstar
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Dear sir,

May I know why the proceeds from the unbundling is not included in the value for shareholders?
March 8, 2018 at 9:50 am #441335
John Moffat
Keymaster
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The proceeds from the unbundling are used to repay other debt and to invest in more equipment (which earns more profit in the future).

The value of the firm after the unbundling is, as always, based on the future expected cash flows.
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