GREY:NEVDQ - Post by User
Post by
nofluffon Nov 13, 2021 9:59am
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Post# 34122956
I think I get it a bit
I think I get it a bitI was a bit ticked after randy saying only days ago. No new financing needed for underground and then saying new money would be used for underground.
The reason new cash will b used for underground, is because cash in bank from pala got paid back.
Am I correct emma??
Since I am not a warrant holder, I am quite happy with the new injection.
Shareholders should b able to phone there brokers and buy the units. May have been already filled though.
When warrants r exorsized at 1.50, ncu will b a net debt corp with 250 million ebitda. Should give about a 3.00 cad sp.
Then they will have to do a raise for down payment on op. Yes. Randy was clear, some of the cash is going to op evaluation.
Headed for10 bags for sure.
Happy guessing:))
nf