GREY:NMKEF - Post by User
Post by
materialsgirlon Nov 23, 2019 3:51pm
113 Views
Post# 30385722
The final Christmas
The final ChristmasThis will likely be the final Christmas for NMX in the way that we know it.
One year from now it will either be
1 dead meat or
2 be in full scale development
Option # 2 could still happen. If $750m in extra cash is needed
which seems likely and the share price is 14 cents then there will be
a need for about 6 billion shares to allow for commissions and some
working capital.
Roughly, current shareholders would own 15% of the company
Royalty holders and debtors would take all the free cash flow until
the 2030s.
Summary; Things are not looking great.
mat