RE:RE:RE:RE:RE:What the government is going?the question is; at what cost and will the longs be making any money?
If they get financing will come with HUGE dilution, if they don't get financing it will go to zero.
If they get financing and complete the build, there are heavy commitments made by this bad management that will hinder the future profits...when will NMX be able to show a positive earnings per share? 2097?
how many bailouts will NMX need untill 2097?
NMX did not grow organically, they finance everything with bad deals...that means retail investors will have to be the once that pay for the high salaries of this management as well for all the f....ups this management already did...if they made so many bad decisions in the past, how do you assure investors they will no longer make bad decisions?
I TOLD YOU SO, wake up
phantom666 wrote:
rickhunter, the SP has nothing to do with the company. with 850mil shares out, do u think it's money out of the company's pocket when the SP goes down? NOT. Remember that the Tech report was an ESTIMATE to what the project would cost. Then the decision to focus more on the Lithium Hydroxide side of the extraction meant revising engineering, blueprints, equipment and construction, to the extent of a cost overrun. Imo the shorts r having a field day right now. It will be completed and in production!