GREY:NEVDQ - Post by User
Comment by
KentWilkenson Aug 08, 2024 8:51pm
100 Views
Post# 36170572
RE:and thyme
RE:and thymeFirst, you assume i only buy ones that go bp,
Lost money on a few, made lots on a few...
Only ever had one hit 0.
This might be one.
Depends on market, as always.
Bidders will bid to covet debts, cash, rest will be share offer.
So easy purchase for some with the cash, just have to figure how to get it without bidding too high.
Whats the copper worth, in the ground. What are the reserves, npv.
What is the infrastructure worth?
Fully permitted, with water. Whats that worth?
Copper drops to $3, be lucky to get anything.
Goes to $5, $2-5 per share.
Stays where it is, .50 to $2
That is assuming the banksters dont figure a way to sell the property for decent money and not give the owners a slice, without massive lawsuits etc.
Enjoy the ride.
To cover your shares you better hope they allow some trading before the end, but i doubt it.
KW