Nevada Copper Corp NEVDQ

pp or more credit?

[dosco]

What we will see by when?
assumptions somebody?

[Notgnu]

Total guess, so release the Krakken, is a warrant reprice to 16 and 18 cents thus bringing in $56 million on the first warrants a further $27 million on the A warrants sometime down the road. N

[patchh]

sneaky creatures... issues beyond their control..  the fact a number of investors the security - may hav NCI going to the exchange comission and re- date the exppiration going into june and veyond.. the 56 million will not doo much for them in the short term...  it will drill the hell out of investors who purchased the series and gave a tootNhoot for the credit facilty..  if i look

[patchh]

re-price..  we should see that wiggle in a few weeks...  i don't know what hassles involved w this..  apparently they can re-task the security but its a paper game and requires approvel - probably from all the exchanges and houses who hold the wts on thei r bookls

[Notgnu]

It only (officially) involves company management / BOB to apply to the securities regulator for approval as far as i understand.  It is just one possible tool in the financing tool-box. They can do a little more debt + a reprice of existing warrants and or a new equity raise if they want or need to keep the balance sheet in shape. Ultimately this is a one to three billion dollar asset (baby

[Notgnu]

Meant to say: BOD (not bob... bob is too busy.)

[patchh]

thats a real possiblty..  tanpering w the storks will rattle the larger instutional investors who are in somewhere around 16..  the wts will simply ad storks...  dilution goese nowhere...  i think NCI has a equity line already to be signed sitting on the table... if it has a line.. then this is something Cirillo would hav fabbed...  he simply may hav no desire to manage a

[patchh]

there is a gold stream in that mix..  the old one has expired and the mine is making a little money.. items like new drain wells - setting ramps in confined space..  heavy equipment fabricators..  running electrical..  starts to add up real quik.. and due to prior lawsuits will hav to B paid up front or on a bond if they can qualify for one.. bonds in heavy induistrial are