GREY:NEVDQ - Post by User
Comment by
nofluffon Sep 27, 2022 2:00pm
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Post# 34989981
RE:Solway ? + end of downward pressure on sp after Oct 5
RE:Solway ? + end of downward pressure on sp after Oct 5I tend to agree with most of what u say 888. If we get to .50 cad. new warrants will b exorsized for cash needed to complete. That should put us about 1.5 billion shares with a couple hundred million debt.
So on ramp up, ncu should be returning 100 million net cash to bank annum.
A ten times would be a 1 billion mc or .65 cad sp.
With open pit advance, we could c 1.00, but I suspect not until q4, 2023.
Some thoughts and reasons for them.
nf