RE:RE:RE:RE:The Joe Days of Summer You just got to ask the pumpers some simple questions and they run away. How do TKO get financing for Florence in which they hope will start up mid year in 2021? As well as 330 million in debt due in 2022? Their cash is currently decreasing and with lower copper prices this will only go lower with limited ability to get additional debt. I always said copper would be at around 2.50 simply due to inflation so we will see where it lands.
Thus share dilution will happen big time imo over the next 1 to 2 years to handle both the debt and financing needs. I can easily see another 500 million in common stock being issued here and the insiders know this. Thats why they even won't go near this.