GREY:NEVDQ - Post by User
Post by
Potadvisor1on Feb 19, 2024 9:03am
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Post# 35887386
NCU BANKRUPCY ANYONE ???
NCU BANKRUPCY ANYONE ??? This is from your NCU'S news release on Feb 8th 2024
The Company requires additional financing in order to complete the ramp-up of the Underground Mine. While Pala has continued to support the Company, it is under no obligation to do so. The Company is also in discussions with other third parties. There is no assurance that additional financing will be obtained in a sufficient amount, or at all. In the absence of securing sufficient funding from Pala or other third parties, the Company will not be able to continue carrying on business.