RE: thanx for the inputstokpiker thank you for your input!
still can’t agree with your line of thought. here is my perception re: ngd
hope you can follow below took your points and added comment.
NGD
- present market cap 120 mill
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- purported current evaluation, net present value - $750,000,000 almost 7 times market cap.
- long way to go.
- unless there is a suitor, when the potential buyer makes the first move, the market cap could change overnight.
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- better be holding or you will pay way more to get in.
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- need to keep moving the story to keep the price increasing and thats sometimes harder than getting it started
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- the first point above is a very good story. prefer the word fact to story.
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- Ive heard a target of 17.00 but its a long way from 7.50 to 17.00
as above that 17.00 figure could happen overnight,
most money for the current work programs raised at the $7.00 level w institutions (large blocks trading).
after that stock is taken up by the market ,hopefully by savvy retail investors, you will see some strong price moves more reflective of the npv.
- - but that would be a 125% increase and a market cap of 275 mill
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- when that happens you still have 475 mill to collect on, keep holding your still in for a good rise in value to the npv.
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- still more money to raise and more shares to issue, how many and at what price, they already have a good market cap so dilution should be not bad
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- current bank balance should be sufficient to get to bankable feasibility.
finance 70%,- issue equity for the remainder, might even get the gov to carry a ?% of capital costs,
- miners average pay = $70,000 per yr good source of gov. taxes.
hope this helps, good luck bt.