RE:RE:First Glance Highlights from the Press Release....mario2007 wrote: This NPV is an excellent news
No it's not!
The 2018 NPV was $2.4B. Divide that by 800M shares Outstanding and you get $3.00/share!
Today's NPV is $2.3B. Divide that by 3,400,000,000 shares Outstanding and you get $0.68/share!
The Cash Shortfall, the Dilution, and all the delays has caused a severe negative impact on the vast majority of shareholders, and subsequent return on investment. Does Nemaska need the full $600M from Pallinghurst and the shareholders? Looks that way! For NMX is not just short $375M now.....but $468M. It just keeps growing!
I think what you are trying to say is, the NPV is good news....not excellent....considering all the chit that has taken place over the past six months. :-)
Now, the full Net 'Asset' Value cannot be realized until 2023. What could possibly go wrong in the next three years? But if you're happy Mario....I'm happy! But I still feel for all those that bought before the tragic Feb news.