Post by
drunk@noon on May 17, 2024 8:04am
don't get the investment thesis here, given
there is no way to determine the blizzard of equity will happen if the needed funds come through the door.
I.e the mine would be a profitable going concern in a $5 lb copper enviorment but if the number of shares increases by 10 fold, the per share value is squat.
Comment by
TomsStockHut on May 20, 2024 6:35am
...you mean press release 07.0519: Offtake Arrangements Offtake agreement entered into with Aurubis for 40,000 dmt (+/- 5% at NCI’s option) per annum during the term of the KfW IPEX-Bank Facility further details regarding KfW can be found in the annual report of NCU 2023, page 18 ff rgds, Tom