Duluth Metals Ltd DULMF

From SA

[marpincan]

https://seekingalpha.com/article/2413715-crunch-time-ahead-for-duluth-metals

[jjeeddoo7]

the article is discussing dilution...if any of us that that we would mine with just the shares out...we were never correct....it is the name of the game to get funding as we move forward towards mining.

[Arbus1]

Good article, thanks for the link.

[rocdic]

This post has been removed in accordance with Community Policy

[rocdic]

This post has been removed in accordance with Community Policy

[TheCardinal]

Seeking Alpha has become a redolent cesspool of hatchet jobs by shorts, and SA seems either oblivious, or complicit. ( take your choice )

[estebancaballo]

Too true TC....hatchet jobs galore.....

[rocdic]

This post has been removed in accordance with Community Policy

[rationalinvest]

Thanks for the video link. Would be better if DM worked on getting the PFS done and released. At 50ktpd and $ 2.5 bn capex the NPV and IRR will not be mindblowing at all. Plug in the numbers in a spreadsheet and you will see for yourself. Or just look at the earlier 40ktpd PEA, crank up the $ 1.3 bn capital cost (and operating costs), put a tax layer on it and see what happens.  I became

[goldsternp]

We are all trying to imagine what is going on behind the scenes so let me add a few  more thoughts. Why would ANTO exercise its right to buy 25%/35mm shares for 25% of the NPV of the resource when instead they could be buying shares right now at 5% or less of the NPV ? I can't be bothered to calculate the IRR but if the earnings increase at the same rate as the discount rate then