RE: 25:1 as of what date? When the deal closes on June 15th is the way I read it. My guess in NKL will be 6 dollars by then which puts us over 20 cents easily, barring another stock market meltdown.
My prediction is based on an upcoming PEA from NKL that should show NPV for Wellgreen over a billion dollars (50 billion of metal in the ground and could double or even quadruple on drilling). Which would push up NKLs market cap to 300-400 million with 60 million shares out.
Wellgreen was a great find and UMJ was too. Maybe Tickle was right about little Richard though, the wrong guy to take Shakespeare forward. She is however wrong about Shakespeare by the looks of things.