RE:RE:Patchh; I ask if you have checked what is required in order What $825 million liability ?
N
2021 2021 2021 2020 2020 2020 2020 2019
Sep-30 Jun-30 Mar-31 Dec-31 Sep-30 Jun-30 Mar-31 Dec-31
Working Capital
(Deficiency) (260,271) (255,706) (109,399) (117,251) (103,162) (101,317) (81,431) (73,570)
Total Assets 858,458 831,393 796,175 767,849 721,326 686,557 661,244 608,720
Development Property
(Project expenditure) 828,562 789,844 747,020 708,895 683,129 647,159 617,317 573,316
Total noncurrent
liabilities 172,856 174,909 274,403 257,790 239,050 270,760 262,258 215,354
Shareholders’ Equity 421,368 391,112 402,482 370,793 377,154 311,406 306,928 318,561
Net Income (Loss) 28,102 (14,054) (3,896) $(3,313) $(2,582) $(2,457) (11,989) (2,719)
Net Income (Loss) per
share 0.15 (0.01) (0.00) (0.00) (0.00) (0.00) (0.02) (0.00)
patchh wrote: Financials ???
TAKE THE 50m$ FROM PAGE 10..
look at the grand bang for 825M$ Liability..
tucked into all of this is Payla and a Bond Guarentee to KiWi.. he charges interst everytime his insurance binder is charged against...
this is where U see all of these undefined interest charges piling up - some facility/etc..
i am totally waxed looking at this document totally 1000% CLULESS w/o a desk - file folder and a pot of caffine w the entire stamtment in my face.... i am anything less that an accounting.. i pay good USD to a CPA to keep IRSin DC and not in my mailbox...
Vlad paid something like 1.2M$ on that bond alone or 700K shares...
keep it simple - make it up - stik it into a corner/box where it doe$ent fit -- it porbably does ?...comcord reported some settlements around 6500$ tonn/something.. there ae few shekels threre/incomplete...
Moreover ! that 825M$ Liability on a mine w a market capp of 100M.. how does that break out int EPS or EBIT/?
next ! NCI has their bak to the wall -4- another jam N slamm stork dive - going past June ! we both kno that - thats either a red flaggin opps for a private or a jumbo sale...
but who is going to buy a mine w 850$ Liability and a capX of 100M$.. its illogical! the mine is simply tooo small even @ 10,,,000 tpd and a smoking hoist.. them chiks come to roostor, or whats left after the coyotes thinning the roosters when the marketwatch free float pool of NCI stoks goes from 100M to 200M - sittin on that 850M Liability... they B lunatiks attempting another round of no so creative crapps scotia finance.. look for the smokin guns - well bills (i thought that was their water bill in the last AFS 2020) - lease charge ups... did they bring in heavy gear that has a lease payment... barrik may hav loaned NCI an old junker until their Dykeer arrived... how long doesit 'look in misc charges - related to time lines and dyke repairs...
who floated the 3.9M$ bond for the cemenntex case to B heard in a nevada court / this was commercial - 30% of the asking price for settlemnet damages/etc.. did vladtak on a libor+ 3 to 5% interst charge.. where do these charges land after closing the final invoice... is it vlad or componding on the mines books - not part of the finance pak..
i.e. not spelled out - special charges w vald buyin a Re on his bond w KiWi... scotis did not give Vlad these terms.. they simply grabbed storks and tossed some cash/short onto a plate for expenses...
i hav lots of questions... how is the mine budgeted ?? dept get an annual funding w a line code for billing.. or it is a giant general ledger accumulating interest of line budgeting...
--> is Vlad a criminal ? kno - but he shure is pretty dammeddd expensive and is pressing 30% w the interset expense ratios since code 19...
>>... the biggie question on that report !!! did NCI drill intersection lines w that 45M$ in 2019.. somewhere in that pile of scrap paper.. Vlad is down as the gurantor fo that drilling expedition to longyear bogart.. what is not expressed... did longyear put the mine on a payment plan w interest going to Vlad and company..
the rest is local - hostile politiks..t eh reality is the mine is very tiny.. and i am whizzed we are revealing OP Plans - Bla Blah ! i was looking 4 a JV announcment - what i got was a tissue scalping and a very sloppy matrix AFS for experts...
otw - N low and will probably start re-allocating bak to bonds.. i need to ggo to bed w/o waiking up to smoking barrels