RE:RE:RE:great If these details don't interest you, you always have the option of not considering them. The purpose of my last message was to highlight certain elements found in the THOR Exploration solicitation circular, published on SEDAR.COM on November 18 at 13:34.
On page 14, it can be seen that Mr. Lawson's salary was $ 472,000 and his total compensation for last year was $ 1,104,849. I do not wish to comment further on this subject. It's up to you to see what you think. Mr. Lawson also has just over 14,000,000 call options.
On page 16, we can see an important list of call options whose terms are spread over the next 4 years. For 2022, there are 6,250,000 call options which will expire on January 16, 2022. Considering that the average transaction volume for the last 3 months is 4,460,000, the exercise of these call options at the exercise price of 12 cents could completely drown the market. It's up to you to see what you think.
On my last comment about the cost of debt, I think it's important to look at it. Considering that the construction of the factory is finished, we can deduce that the planned sums have been disbursed. My research on the structure of funding has left me a little puzzled. Therefore, I look forward to seeing the income statement for 2021-Q3. I am not passing judgment and I hope that the generated cash flows will be large enough.
Finally, starting a factory involves risks and they should not be ignored. If a system or component does not perform as expected, it should be understood that supply chain issues are also present in Africa. As a result, the consequences can be significant, even if the solutions are inexpensive. It's up to you to see what you think.
Good luck to all of you
@ Tree2tree: The beautiful stories you make up are very entertaining. But do we really need it? I'm not sure ...