GREY:NMKEF - Post by User
Comment by
Calgary_ABon Aug 09, 2020 12:00pm
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Post# 31384473
RE:This week?
RE:This week? you are assuming "all bids are prepared to spend 1 billion"
Remember, not all biders may want to follow a failed plan, some biders may want to do it diferent...heck some biders may want to buy it for scrap metal, who knows...asume the worse and you won't be disapointed.
All this childish assuming gets you in trouble in investing.
Got gold?
Luna2020 wrote: Hopefully this is the week we finally know the outcome... so just a few days left! I am very positive about the outcome. All bids are prepared to spend $1 billion to get this cash flow machine up and running. With 8 interested parties, it is reasonable to think another $400 million or $0.50/share (to existing shareholders) wins it. I do like that Fitz is in the dark about the other offers and the outcome. It means more meaniful discussions were happening with other more serious parties. We shall soon see.