GREY:NEVDQ - Post by User
Comment by
bogfiton Jan 06, 2022 10:34am
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Post# 34288899
RE:RE:Vote on 15,000,000 Credit Facility Warrants
RE:RE:Vote on 15,000,000 Credit Facility Warrants For all that I can tell, it shouldn't matter too much to the long-term holder of NCU in light of PH's future valuation. We know it cost money to build mines, we know that they have to borrow money (that’s what your stock is, dummy) and that's why we consider an ore deposit a liability. We know bad luck when we see it, commodity bust/Covid etc. We saw ordinary junior miner screw ups.
My view is if it’s legal they’ll do it, and I don’t think they give a rodent’s rectum what I think. The debt is what it is, all that matters now is cash flow and that we need to get positive. Do that and you will win.
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