RE:RE:RE:Hoping It's Not A RepeatI think you're all overworrying here, and I don't blame you given the look of the SP in the last week. However, as I said before:
Current market valuation is way below a conservate value of the company's cash, Bisha, UZ PEA value, and LZ value - whatever that is.
THINGS HAVE TO BE BETTER THAN LAST QUARTER - when we had a big write down, losses, lower prices, Bisha mine life cut in half, delay in PEA, etc.
This quarter, NSU will likely have made some progress in sorting out zinc-copper recoveries at Bisha (albeit not at targeted levels which won't be reached till mid-2018), there should be nothing more to write down, and Zn & Cu prices are substantially higher than Q2, which should result in positive cash flow and positive EPS.
Don't forget, we also had Trebilcock and Kukielski BUYING shares in recent months - while very likely knowing exactly where the Timok PEA was headed. They would not be buying shares if they knew the PEA was a fraction of the old PEA value.
These indicate things have not gotten worse, but better. Hopefully, I'm right!!!!