GREY:NEVDQ - Post by User
Comment by
RoyKerron Jul 07, 2022 8:23am
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Post# 34807729
RE:RE:RE:Sad crew here
RE:RE:RE:Sad crew hereOP number I saw was $1.2 billion. that is a lot of five cent shares ;p
In all seriousness, what new accredited investors would be interested in the UG? That ship has sailed.
& Doing a PP just to drive price down and increase % ownership right before a sale opens mngt up to lawsuits; kfw would not approve that as it could tie things up for years, deprecate the asset, and possibly see the loans go unrepaid if the property reverts to NV.
there is still a chance we will see another UG push and another PP. But letting the contractors go while continuing the drilling and PFS revision work, along with 'keep the lights on' loan, makes me think it is unlikely.
keeping my shares as sale is most likely outcome.