GREY:NEVDQ - Post by User
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Notgnuon May 24, 2021 10:28am
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Post# 33256741
RE:RE:Tail wagging the Mastodon >>> HWYODD >>>
RE:RE:Tail wagging the Mastodon >>> HWYODD >>>Curtis a dividend is not likely for a few years. NCU will be using cashflow to build out the project and invest in the open pit portion. Some rough speculative numbers:
Warrant excersize $100m + $200m debt + $300m equity raise (10% to 15% diution at a 4X to 6X higher share price than today) + a partnership stake from a major who will lead, construct and operate a 70,000 to 100,000 tpd open pit operation.
N.