RE:PDAC 2023, Hugues told me...75 mW of power req'dNGC isn't trying to build sweet flock of seagulls all in Baie Comeau, Quebec.
It's a mere pipedream.
What's more, NGC officers and directors won't be able to raise to $1.4 Billion needed to undertake all of what has been suggested by Hugues Jacquemin.
Why doesn't "the company" simply announce that the process in seeking strategic alternatives includes an outright sale of the company and project a sale price equivalent to $0.50 pr share.
This company's representatives couldn't even sell this entire kit and caboodle for what they paid for it, due to the undisclosed amounts of obligations now owed to Heraeus Group and all the obligations owed to "Sprott", etc.
It's no wonder the shate price today is $0.17.
Perhaps now the NGC.V share price would soon be heading straight for that 50% discout to book value per share, $0.09?
After all, it's doubtful that NGC representatives can go about raising the capital required to pursue anything at all, especially at current share price points.
Perhaps a discounted equity offering of 50% to book value per share would become necessary soon enough.