GREY:NEVDQ - Post by User
Post by
TomsStockHuton Oct 25, 2021 3:13pm
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Post# 34046550
What if….
What if…. me think, that Pala is not limited to the warrants or other third parties.
I assume, NCI is able to run the UG and ramp up in Q 1 2022, with the available 41+9 mCAD?
Who cares about the robots and scotia chewing on some floating shares?
Short math on Notgnu's basics:
1.4 bn to build the OP
50 m new shares @ 2,50 = 125 mCAD equity, Q2 2022
KFW requires Pala/NCI to finanance 30%=420m CAD (my assumption about the "amongst other" conditions)
-125= 295mCAD invest versus ~200m CAD free Cash Flow p.a.= 1.5 years UG operating to fully finance the OP=mid 2023 OP running.
cheers, Tom