RE:negative goodwill TSH !
I hav th mine w a nameplate valuations around a billion dollars..
presently NCI is well pointing directly above the main shaft in a circular direction of 0.3 miles to the tune of 7500 acrefeet.. the mine has installed a 10 inch lined drain well by bongart longyear – salt lake.. i do not know how long it takes in tme to relieve pessures over the mine – but tere is an aquifer in the valley... regardless of what a long term poster demands – that thre is no aquifer in Yet !
Oxidental Petrol was purchased by Berk few weeks ago for around 5 Billion.. what ws not made public then- were three 700M$ bonds that were paid off in that purchase.. Payla is going to settle the Lorik Bonds w this sale.. and we do not know how large these bonds are (how they hav been making bridge loand to NCI) and how many third parties are mixed onto the bonding structures (around 8%).. a wild guess is around 250M$ - rite off the top of tht cool B$
Payla is in trouble w cash.. they do not hav cash to unlock for construction of an open pit – build new mills.. if anything they need a second shaft for hoisting on a seccond underground stope...
that dyke which is causing the mega problems was dithered out to investors as a minimal disruption.. on the surface if some fo that IFS is correct.. that a large chunk of free cash is going to equipmentand people to seal several hundred feet access points to ore bodies..
this is why we are see delays in the vents.. NCI did not have the money for the equipment and construction cost... --> then what i ask! What are the real limnits on the hoisting capacity.. is that a total on a bidirectional daily loading – or one way at 6500 max capacity ?? thats Ur cash coming thru the front door ???
as 2 a sale ?? that ruling by Judge Du in Reno on Fast 41 is due in june or early july.. Lion sitting on NCI’s east boundary lineneeds a favorable written O-Pine from the Federal Reno bench (forget the appeal – this is not the sierra club leading the charge against Nevada Mines Intern Status)..
this F41 ruling will allow Lion [LEO] to simply apply for a permit to mine in a designated distrik using existing EIA’s etc/etc..
there is many good things hapenning here in nevada w mines... Payla was simply wiped out w Code 19 and will not B a player in this area going forward...
this gives the storks a valuation around 1.25 to 1.50$ w a serious earned in interest and the 250M$ Bond’s now required by Nevada to beginf new permitting and mining here in nevada..
---> Bond Money is cash money up front.. I 80 Gold was the first here in the state to post one and barrik came in brought the mine then issued a new bond to cover the 250M$ reclmation notes.. thes pay around 6% on the open market if U can find a bond dealer who will sell U one...
i do not hav negative good will to the NCI mine – just tired of the nazi-joe w their nato tanks gleefully killing russiand for feel good nazies..
we simply cannot talk about thiese items – we hav to kill russians – smear investment groups headed by russians and americans in swiss land..
and yes payla pulled some shittz and they will loose on the bozo clown arrangments w Ssbank..
the storks will B there to accumulate – soo buy a few..
let the russians deal w te nazi’s ! and yes Zel is a generations uki jewwzz nazi from the UOP of 1927/1933 (armed by the orthodox church)