RE:RE:Re Back In2020 was a slammer copper year. Off of tko 28 cent bottom 9 months gave sh a 6 bagger. Some never sold on the last gig up but still r now doing good.
There was the large dilution hickup that stopped tko in its tracks.
The next q to b answered is financing terms. Tko is not distressed and so should command premium compared to other deals. In 15 hrs. they miss there call for financing in place 2020.
When financing q answered then it should b easy 2 guess how many bags from here 2021. The huge dilution is now factored into sp so no need to price that in separate. Just use the whole float.
Currently I will guess financing will not happen until q1. If so hopefully tko is negotiating sh a good deal. So we get finance news. Tko 2.00 cad. 39 mion pound q4. Tko, 2.50
Permit. Tko 3.00 cad. 4.00 copper. Tko 3.50 cad. Q4 great cash 2 bank. Tko 4.00 cad.
That is a 1.5 bag in 4 months. 2021 should be stellar alright. 3.50 copper seams to be pretty solid support.
nf