GREY:NEVDQ - Post by User
Comment by
Notgnuon May 11, 2021 7:47pm
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Post# 33179663
RE:RE:Our Royalty stream purchase / financier Triple Flag
RE:RE:Our Royalty stream purchase / financier Triple FlagAgreed westcoast: $100m warrants + $250m stream + $200m debt + $200m financing (at an effective $1.00 pre-consolidated chare price) = $750m and then... 'Iorich is you uncle'
I am un-afraid of dilution, at the right price, when we are building value rather than spilling cash as in the past. The past was not the fault of management but rather bad luck with both Covid and copper prices.
Today is an entirely different animal. With $1.86 all in cost and $4.00 plus copper the cash-flow is truely huge relative to our market price.
Cheers,
N
westcoast1000 wrote: Notgnu,
And of course NCU will reap about $100 mill from the redemption of the warrants.
So if we can sell streaming of the precious metals, along with other revenue streams and a loan guaranteed by the copper, we might get the open pit built without dilution.