RE:Whole TD report - will comment separatelyA couple points:
- Capex - I have been thinking about this. Our debentures are not our only debt - we obviously have acrued a maintenance debt - ie we've been putting off redoing the garage roof and fixing the fence etc... - so for me it is a positive to see such a big capex - our share I believe $45 million and guessing Cuba share about he same? so it is nice to see this company has the confidence to invest $90 mil in itself to ensure it remains efficient and strong
- The company uses a pretty conservative Co price for 2021 NDCC calculations...
- The bottom line - read their conclussion - we are highly torqued and just a 10% rise in avarage nickel price will lead to a 55% rise in our NAV which they currently have as 58 cents.... I am pretty sure with NV man's super smile, we will see this.
- I expect after Q4 report Feb 11 they will raise their price target and/or sentiment