RE:RE:RE:RE:RE:Wowza Back at ya. You keep pumping how about how free cash the JV will generate and we only saw $15M in distributions in Q2. S is trading at $0.40. Do you still think it's worth more than $1? Hard to get excited after today's call. NDCC in 2nd will be north of $6 and zero analysts asked questions. S is orphaned.
Ernieandbert wrote: If you are worried about Cuba needing hard cash and S needing the same for some reason because Ni and Co prcing is lower, why on earth would either JV Partner want to retain released WC as Cash sitting on the b/s of Moa not doing much of anything, when they are already sitting on $42mm of cash and a total of $555mm of WC of which 50% is to S?
At U$9.00 on Ni, S is still FCF positive.
Not sure you do any cash flow analysis and just come up with un-researched statements about needing to raise capital to spook similar holders who don't do research either.
Nice try.