RE:Read it and weep?
Thanks Reaper. NSU has a market cap of less than $950 million right now. take away the $200 plus million they have in cash and you are left with $750 million. Way too undervalued for what they possess. they only need about $200 million to get Timok going. They can easily pay for or even borrow that amount and pay it back in just over 6 months. That is how lucrative the Timok upper zone is. These guys just paid over $500 plus million for Timok and we trade at a $750 million cap ex cash. A positive re rating should be in our horizon in the coming months.....