GREY:NEVDQ - Post by User
Post by
CopperWaveon Jul 24, 2020 3:48pm
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Post# 31316481
Question
QuestionNot bashing here, but just curious, what's the issue with NCU? Is it the high initial CAPEX of 672mm and the inability to find funding? Or am I missing something here. Thanks! With the current COVID environment, how do propose they obtain funding? The initial CAPEX is 6x it's market value, so equity offering is off the table. Debt seems quite hard to obtain thanks to COVID. Thoughts appreciated. Looking for copper juniors to add to, but the CAPEX alone puts me off.