GREY:NEVDQ - Post by User
Comment by
patchhon May 18, 2023 9:38pm
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Post# 35455729
RE:Debt
RE:Debthard 2 tell.. looks like they added some gear for a slurry sistem -w- the water below from the dyke leak recovery.. there R no hard rok minersposting here 2day..
NCi has 5 & dimes sometime end of 2023 (toss N a 1/4 for a loose toolbox).. then about 6 quarters B4 they can do and EBIT that meets mine aiudit standards..
NCI has quirped early 2025 @ 5000tpd..
if th mine issues an OP declaraion.. that should make a SEDAR around june 2024 and who will float the cash N -4- construction.. stork dilution will not build an OP - NCI will need a Canacord -w- an upfront cash contract/principals (construction company).. the state will not allow glory hole developments; they had had many problems w closed mines and current operations that are not inductry standdard...
--> NCI long term - should B ok.. if the principal investors get' creative.. then the political forces will sho their hands..
the State of Nevada Will not recieve their Bond Closure Surety for an OP when they move to exercise their permitted -4- an op.. the surety is 250M$ up front.. the rules have changed here in frog' town' since the mjines inception..
NCI is sitting in the middle of other elements of development.. the bigger question is - can NCI get away from the Russian Way of Creative Writing/instruments.. simply go for standard terms - splits - chattels/etc and non continetial investors..
--> debt looks- sounds like - bout' 350M$ compounded..
THEN:: where R the lonely shares of NCI - b the first to find out ! i am curious.. 63% ??/payla - merk;;; not realistik when he has a recent settlement w the US SEC/TSX at 49%...
open hostile bid ?? JP Morgan does not have the rite size... nobody will trust these firms