RE:RE:I'll Reiterate For Those Who Just Refuse to KnowHarley103,
We both know that "hoping" is not representative of viable investment strategy.
Alas, you have to be expecting the worst in order to now "hope for the best" Harley103
"Sprott" is primarily here to realize great profit for itself, which would be attained by way of "Sprott" orchestrating and underwriting and/or lead book running what would likely cumulatively be a massive and material amount of NGC equity issuance following the . . .
Suffice to say that what NGC officers and directors collectively understand and simply don't want to confirm for we NGC "minority" shareholders (how clearly disingenuous of them) would precisely be the following.
Enacting a NGC shares consolidation and then utilizing the entirety of the resulting "freed up" share capital headroom in order to somehow exercise that option to purchase some or all of NeoGraf Solutions LLC; such a particular "wholly dilutive maneuver" is likely what " a capital efficient transaction" was meant to be alluding to by NGC and on behalf of "the company", as stated within that particular initial company press release regarding the securing of the option to purchase NeoGraf Solutions LLC.
"The investment community", as you point out, certainly has all the clarity it needs in order to keep the NGC share price nearest to, at or perhaps even 25% to 30% below the NGC "book value per share" of $0.22.
NGC closed today at $0.2050 per share
There is likely a lot more downward share price action to come during this Q4 tax loss selling season.
I'd suggest we can bank on it Harley103