GREY:NEVDQ - Post by User
Comment by
Notgnuon Apr 23, 2021 5:26pm
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Post# 33059755
RE:Uplisting how far away?
RE:Uplisting how far away?Works for me... My original outlook when I started buying in November had been for 45 to 60 cent price by the end of 2021. Since then some startup issues (change of mine planning re fractured marble and the concomitant change to the electricaland the ventilation) have delayed full 5000 tpd by 2 quarters but at the same time the price of copper has outpaced even my best case scenario thus making NCU's asset value shoot up and the cash flow, even from lower production volumes (but above the hedge) are going to pay down a lot of costs very quickly.
In summary I still am sticking with my 45 to 60 cent target EOY and am quite happy for the reverse split and potential collaborations with big investors or big mining companies for the open pit.
Cheers,
N.
TestingTheCat wrote:
The RS should take this to $5ish so 25 to 35 to 1ish. The RS vote and filing will take most of July. The uplist application could be filed in September. So Q4. 5ktpd should also be in August/September. After the uplist I would expect the pit financing and dilution. What have I missed? Cheers ttc