RE:Steel will be in demand Agreed. I remember way back when the price of copper spiked after Kyoto was savaged by an earthquake. The amount of materials needed to build or rebuild a single city is staggering. Lots of W and Mo need for all that steel to rebuild Ukraine. I'm not concerned about commodity prices being supportive of Sisson. I'm just saddened that management never seems able to pull it together.
On the plus side, even if all the loans are converted to shares at 0.05 level, we should still have well over a buck /share NPV, using the now-very-old FS. Also, Todd will chip in 20 million for 10% of Sisson if they go ahead, which implies a (wholesale) value of nearly 80 million for the fraction of Sisson held at that point by NCF. We'd all get rich if they'd just pull out the finger.