Understand what's needed in the next few QuartersKeep a close eye on on the accounting terminology and Quarterly report wording for the remainder of this year and possibly into early 2022.
And refrain from expecting the "unreasonable".
- We don't want to see a profit declared. That means taxes and cash payments.
- We don't want to even hear anything about dividends. That means more cash outlays.
- We want to see positive cash flow from company operations (ie. BC and Nullugine). Which is not the same as company profit, which must remain zero, and possibly a little negative.
- We want all expenses to be put towards operational stability and company growth activity. Basically to secure the future of the business being grown.
- We want short term, high interest debt repayment ASAP.
- We do not want to see cash burn and debt repayment significantly exceed revenue.
- Because....We don't want to experience further share dilution.
And finally, when an investor want's to step aside while all these activities are being managed by the company, it is not a sin or something that should draw insult by others. It is simply a personal choice. That's investing, not trolling.
I remain invested and will take advantage of all challenges that appear in front of Novo. But make no mistake about it, I do not look forward to them when then unexpectedly appear.
Tx