RE:RE:RE:RE:RE:RE:No sense trading dayAgreed, the market is making little sense today, especailly when zinc is at $1.46, copper at $3.19 and gold still holding on at $1270+.
Everybody knows that the RMC PEA of $1.5B is high, and that NSU's PEA will be more realistic and lower. That is expected in the marketplace and by all analysts. So let's for example say that the Timok PEA drops by almost half to $800M. Even assuming 60% if the $800M, or $480M, and EVEN if the company's cash drops to $150M from $170M last quarter, and EVEN excluding any value for Bisha (a cash producer for the next 4 years), those two numbers add to USD $630M, which is bascally the market cap of NSU right now.
Realisitically, there is only one way for the stock price to go from here and that is up, regardless of what is annouced Thursday.