biggest differencebetween tko and ncu. Tko has 20% insider and institution owners. Ncu has 75%.
When warrants r factored, it is about 90%.
So ncu is essentially private and tko a ma and pop. Good? Bad? I know not.
Metal in ground about the same.
Grade. ncu, double tko.
Debt plus mc tko about 1.5 billion.
ncu about 400 million.
Ncu 2 fully permitted mines, one developed.
Tko. one fully permitted and developed mine. Hopefully another in 2 years.
My math says that ncu is 4 times cheaper than tko. It just dawned on me that there could be a border issue. Although The lorichs live and do business in euro and are big on green, they are still rich rusians. I supose that could cause an investment community to back away.
Perhaps good for me.
I am hoping:))