RE:RE:What gets to $2 first
NSU is zinc, copper and gold ..maybe zinc will come down a bit but supply is tight .and will stay tight for a while ... Timok is priority 1 .... with a bit luck they can develope it mostly from cashflow and 300-400 million USD debt... but IRR is huge and payback time short.... not an big issue
..first we need these permits for the underground decline..this will add some confindence in politics there... i think NSU-shares are doewn not because Bisha.. its down because market fears delays....