RE:RE:PATHETIC!!!
kkkrrrr, No doubt dividend investors are selling here...but have you stopped to considered that things could be (are) fundamentally different, such as: 1 - Bisha's no longer generating superior profits. I was surprised by the loss for the last quarter of -$0.05, and the expected earnings of $0.00 for the next two quarters. 2 - Timok UZ not being as valuable as the PEA suggests. It is, by all accounts just a PEA and subject to large uncertainties. For example, I was not aware that the contingency used for the capital estimate was a mere 25%. This is a far cry from an established mining company that typically would use 30 to 40% for contingency at a scoping level. 3- Finally, the LZ is a low margin ore body that needs to be block caved to generate a production profile suitable to pay for the tremendous capital requirements to bring it into production. Furthermore, caving operations take at least 10 to 20 years after feasibility to bring to commercial production. There is no value that can be attributed to this project at this time. Having said all of this, there is a discount to the current NSU share price...How much, is dependent on information we currently do not possess.