GREY:NEVDQ - Post by User
Post by
slewfoot2on Sep 15, 2024 7:35pm
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Post# 36224779
well
wellretired, firstly pala is private investment group knot miners, 2nd just bcus the bagholders feel open pit is worth billion, that simplee isnt the case, ncu did spend a fair amount on advancing open pit study, however sid knot update the shareholders on what they found... lol, usualy meens its knot good.... so the only real current asset is the underground, which pala tried hard to salvage but got beet by weak geotech and an undergrounfmd river... thats mining...kfc financing is also taking a hair cut.... pala finalee accepted that underground was a write off, that open pit was knot economic and moved on... they are prolly out 200- 300 mill.... kinross lot about 600 mill when russia invaded ..... endless stories about minors losing million.... u listened 2 the bagholders thats on u
... ncu gave lots of advance notice on problems....