Counting it schoolJune 30th 2022
ST assets $148
Marketable sec 19
Explo eval assets 0 no resreves proven
Property plant equip 0 nothing to put through the white elephant
Less:
Liabilities ST+LT -133
Net value of nvo 34m Jun 30th
Jly Aug Sep Oct -20 5m per month
Shutdown -6 as per nvo
Al Roacho -10 as per Snozzy, it aint a real Roach if its known at the moment, thats why its called a roach
Value nvo -2m at Oct30th upon CARE AND MAINTENANCE
Someone should tell them they are broke and to forget about spending $20m on explo. And why they have a gain on a dervative in the qtr for $18m is over my head. Then again I suppose there is no such thing as real death for a publicly traded co. They can issue shares,if anyone still believes in them, do a 10 for one, change their name back to Galliard or Nuovo 2023. But none of that will make the shares go up. Its find something new and exciting or you will lose your money. I mean, the rest of your money.
Eh Ike, load er up putz.
Snozzette