Post by
sford121 on Apr 23, 2024 10:31am
fix those NFG shares at $5.00
At $5.00 for NFG shares we will get 4 million shares. Could you see NFG shares $10.00 plus by yearend. That is a double what we just been offered $40 million the higher the price the more Lab makes.
Maybe when this deal closed in July we still have $6.5 million and who knows NFG will repeat the same game by doing another small financing for about $10 to $15 million and let Ladbrador ride with those 4 million shares especially if something good is coming down later.
Might not that bad a deal if we hit with some drilling at Hopedale this year.