GREY:NEVDQ - Post by User
Comment by
bogfiton Jan 22, 2023 11:47am
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Post# 35238470
RE:Bog; All good observations and questions;
RE:Bog; All good observations and questions;"I havent gone back to look at the amount of debt= however my memory was something like $50 million???"
And isn't that the point? Usually in my experience a company’s debt and obligations are relatively clear and straight forward. How can anyone buy this stock without knowing if unpaid bills aren't hiding in the books?
NEVADA COPPER CORP.
Condensed Consolidated Interim Statements of Financial Position
(Expressed in thousands of United States dollars) (Unaudited)
Liabilities and Shareholders’ Equity
Current liabilities
Accounts payable and accrued liabilities $54,665
Related party payable (Note 7) 1,665
Share-based compensation liabilities (Note 8) 1,267
Warrant derivative (Note 9) 2,831
Current portion of stream and royalty deferral (Note 6) 113,829
Working Capital Facility (Note 4) 20,125
Current portion of long-term debt (Note 5) 195,917
Total Current Liabilities 390,299
Long-term payable (Note 5) 975 —
Settlement payable - long-term (Note 6) — — 8,029
Share based compensation liabilities - long-term portion 302
Stream and royalty deferral (Note 6) 22,660
Long-term debt (Note 5) 26,561
Asset retirement obligation 6,082
Total Liabilities 446,87
Long Term Debt - December 31, 2021
Current portion of debt:
KfW IPEX-Bank Facility $118,950
2021 Credit Facility $52,047
Lease liabilities $11,246
2022 promissory notes $13,674
Total current portion of debt $195,917
KfW IPEX-Bank Facility $— $117,521
2021 Credit Facility — 14,455
Lease liabilities 6,147 33,293
2022 promissory notes 20,414 —
Total long-term debt $26,561 ($165,269, 000 Jan.1, 2022)
https://nevadacopper.com/site/assets/files/4279/q3-2022-ncu-fs.pdf
P. 14
Total debt near $450,000,000?
b.