RE:RE:RE:RE:Again The Upnofluff wrote: Some of the risk happened. So now they r 200 million in debt instead of 100.
They r a year late on ramp up. Technically the german bank could foreclose.
The balance of the equation is that they r about 5 years ahead of 5000 tons per day hi grade production. And way ahead of 6500 ton goal.
They r way ahead of open pit restart. There r players that want in cheap.
It is my hope that they hold cheap until tko gets a big spike.
My total ncu average is about.09 cad. So some .08s would b fine.
nf
That a risky bet. If the future is bad, it's a bad bet and if it's good the German Bank takes it away from them and sells to someone else.