Post by
Newstock44 on Jul 04, 2021 9:35pm
Underground value
hey NotGNU in a perfect world what year would they be getting copper out of the UG and how much more would they have to spend. What if it was a JV and kept 30 percent or so. With the warrant cash and the positive cash flow and maybe some streaming on the UG they wouldn't have to go in debt or is that just the easy way out. Do they still want to do this alone and maybe go big or go home. IMO the larger mining companies are looking for some real soon.. Should be a fun last 6 months of the year cheers 4.4 NS
Comment by
westcoast1000 on Jul 05, 2021 2:00pm
No fluff, I agree with you. The German development bank or some similar named organization gave them a substantial loan last year. I expect them to keep doing that. There is some covenant using production as a loan guarantee, IIRC. Germany needs copper. They will ger it from NCU. China will be getting the IVN copper.
Comment by
realcdn on Jul 05, 2021 9:00pm
What is this NCI stock you speak of?
Comment by
patchh on Jul 05, 2021 8:19pm
thats a bank... there may B GErman Capitol Export Regulations v/s ownership; e.g. mercedes building a plant in some global location.. the germans hav a lot of cash - but just about everything htey doo is geared towards the social unionist - taxation's