GREY:NMKEF - Post by User
Comment by
Nanuk37on Jan 07, 2020 3:58pm
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Post# 30527606
RE:Creditors List
RE:Creditors List Nice find !
aside from Orion there is more unsecured creditors then secured one.
The Grand Council of the Crees (Eeyou Istchee)/Cree Nation Gorvernment could loose all of its 16,7 M$ ?
If I was the government and /or any potential investors, I would pay attention to there situation closely cause there are more than just regular creditors. They are the heart and soul of this project.
You can have all the financing you want if they are not onboard then forget it.
last, in terms of liability 160M$ doesn't seems unachievable in a long term perpective knowing that NMX could make up to 300M$ revenu / year at nameplate capacity.
fingers crossed