Post by
seveneleven711 on Feb 29, 2024 10:29am
opinion
There are ~ 600 million shares fully diluted in NCF, with Todd holding ~485 million, other insiders (management/directors) hold ~15 million. That leaves ~100 million shares. Of those 100 million my guess is 30 million are in the hands of non-insiders that are close to insiders( family, friends, etc...). That leaves ~70 million to small retail unsophisticated types like me. I believe that when the starting pistol goes off, "they" will begin to gobble up these ~70 million shares. If I may use the following analogy, "the runners are now (with todays NR, next week's Toronto presentation) approaching the starting line". Next will be "on your mark", then "get set", then "the crack of the pistol and go" Timeline???. But, updated EFS is coming, then finance, construction and off-take news. Let's see what happens.