RE:RE:RE:RE:RE:Why not announces buyback and cut dividend?butcher12345 wrote: Actually no need for raising debt,we can use 50-100M$ cash for buyback,later,after finish pre feasibility NSU can dilute on higher prices or use some debt.
And where do you get the $ to build the UZ Timok Mine? "A key consideration in the PEA is the establishment of a relatively low cost and high margin DSO Starter Mine which can be built for an estimated capital investment of USD213M including the initial decline access. DSO production is expected to generate sufficient profit to fund the additional capital required to ramp up to the eventual 2 Mtpa UZ Main Mine production rate in two stages over six years which, in addition to sustaining capital costs amounts to USD226M for the base case mine. A closure cost of USD23M has been provisionally estimated."