RE:RE:RE:RE:RE:NSU downside I'm aware of the historical old NSU machinations. However, this is the New NSU, and it is "normal" that the acquiring company stock to go down during the transaction period, specially in NSU case wherein there was a 50% dilution and disbursement of cash to the tune of $125 million. So all in all the new NSU has held up admirably during this transaction period.
Timok is a game changer. The diversification is super bullish. The project itself is super bullish. The excuse of "geo-political" risk has been significantly reduced, thus my calculations in worst case scenario, and arriving at a value of NSU without the Bisha mine in the equation.
One could make the case that the New NSU is worth almost $900 million US (current market value) without the Bisha mine.
I do that to emphasize how good the New NSU is and not to minimize or "write off" Bisha. Quite to the contrary, I believe that the Bisha mine is way undervalued and has been a cash cow and will continue in being so for decades.
The prospects are too good, for anybody being able to neuter its advance.
All Aboard the new NSU Bull Express
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