RE:RE:Nofluffs fluffy Unitsnofluff wrote: Actually cup, it was 300 million units. If warrants exorsize, it is 450 million new shares. Of course that would add 150 million dollars to the kitty to help with op mine build.
I have never saw dilution of that magnitude in 30 years of mining game. So lets say, the old wareants expire and new get exorsized to make the total float 650 million shares. At 1.50 cad that is about one billion mc. Which is the property cap ex to date. 1.50 would b one bag from here.
Could that b reasonable expectation for near term. If they hit nameplate, 250 million ebitda times 4 would make 1.50 sp.
The takers were like hogs at the trough. Mostly long time investors that got there average down.
I doubt there will be a 10 bagger any time soon. But I am guessing steady up from here. Ncu is now as safe as tko. Less upside, but very safe.
Happy guessing.
nf
Wow. Man. And you are Ok with this? Talk about trust issues. At least I only own a handful of those shares. Now if I want I can buy shares from wxisteing screwed over share holders. Ha.