Banca I.F.I.S Spa BNCIF

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Banca Ifis is an independent banking group specializing in the collection of trade receivables, non-performing loans, and tax receivables. The group's credit is exposed mostly to Italy and other European nations. Its trade receivables segment focuses on growing trade finance loans and providing liquidity to Italian small and medium-sized enterprises. Approximately one-third of its loan portfolio is from government and public administration, whereas two-thirds are from the private sector. The gro

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Banca I.F.I.S Spa > Better off without Flinders?

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Comment by TKingadvisorson Jan 22, 2015 6:56pm

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RE:Better off without Flinders?

TKingadvisor wrote: So I was reading this old article back in Aug 2014 about Big North valuation when El Tejon is up and running. I think because of Big North's current market cap is so low it has a lot more room to run up higher in 20-30 millions market cap range. Don't be fool when looking at the financial statement when assets is booked at cost not FMV. A function graphite mine & mill worth a lot more than 50 millions.

https://www.miningfeeds.com/2014/08/19/big-north-graphite-releases-news-on-flake-graphite-project/

As a shareholder of both companies, I am dissapointed but I know that both will do well in the near future. Tesla acquisition would be a dream come true but Its more probable that Big North being acquire by other graphite companies looking for a low Capex project of less than $5 millions.

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