GREY:NEVDQ - Post by User
Comment by
Notgnuon Aug 15, 2021 1:57am
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Post# 33707006
RE:RE:RE:RE:pp or more credit?
RE:RE:RE:RE:pp or more credit?Meant to say: BOD (not bob... bob is too busy.)
Notgnu wrote: It only (officially) involves company management / BOB to apply to the securities regulator for approval as far as i understand.
It is just one possible tool in the financing tool-box. They can do a little more debt + a reprice of existing warrants and or a new equity raise if they want or need to keep the balance sheet in shape.
Ultimately this is a one to three billion dollar asset (baby) swimming in a two or three hundred million of bathwater and no one that has been raising that baby is about to pull the plug...unless copper drops to the $2.00 a pound area.
At $4.00 copper this baby is going to be screaming, spewing and spitting out cash before it ever gets strapped into the back seat of a Tesla
N
patchh wrote: re-price.. we should see that wiggle in a few weeks... i don't know what hassles involved w this.. apparently they can re-task the security but its a paper game and requires approvel - probably from all the exchanges and houses who hold the wts on thei r bookls