GREY:NEVDQ - Post by User
Comment by
bogfiton Jan 22, 2023 10:46pm
197 Views
Post# 35239046
RE:Bog:Ok the liabilities are $500 million
RE:Bog:Ok the liabilities are $500 million"But what is the value of the new Mill + the tax losses + the copper + the many oz of PM's?"
We must remember that for all the expense gone into building the UG mine, the fact is Nevada Copper has failed to build a cash-flow positive operation. In a bankruptcy the assets go for pennies on the dollar.
Think about that- it's like buying a used car from Pala that doesn't run.
b.