GREY:DMNKF - Post by User
Post by
Austrian007on Sep 25, 2018 9:26am
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Post# 28684304
The settlement fee in perspective
The settlement fee in perspectiveThe settlement is not the best outcome for DNI shareholders...
But it's not the worst either.
IF, and its a very big IF, we get the license then even a 5000tpa pilot plant will give us cash flows of $2.5M in a year (at a margin of $500/t CAD which is very doable). & given that Cougar was apparently blocking this license thru nefarious means, it made sense to settle and move forward.
Ofcourse I am assuming we get the license soon... but that's something that only time will tell.