Let's play suppose...
Suppose the recent 70 million shares were bought back.
Leaving round about - 400k shares outstanding.
What to do ?
Keep the 400k shares tied to = NICO = appeases shareholders
Create a subsiduary Co ( Energy ) with
new stock offer 1:2 share to existing shareholders
new energy stock =
200k outstanding With hydrogen already ( baked in ) seq in the coal
i would say this (
new stock ) would fair well in a hydrogen economy.
Junior convenes with,
Provincial leaders, Tlicho Investment
https://tlichoic.com/
Junior and First Nation Tlicho form a venture
Tlicho's hydrodam ventures is sailing in 2024
Just maybe Tlicho is looking for another large project
Is Tlicho accustomed to large projects ?
Indeed they are.
The Tch Government (known as the Treaty 11 Dogrib Council) Signed a 115 Million Deal with the NWT Power Corporation in 1993 to construct two dams on the snare river. Pull 100k tonnes of anthracite coal
Choose an end product ( oil, petro, nat gas, hydrogen )
Hydrogen would be the best solution
upto 40% tax incentive kickback ( Govt )
Perform a MET test on hydrogen extraction from anthracite.
Perform a second MET test adding water to use anthracite as sponge
to bond to more hydrogen = renewable hydrogen ( potential )
Ideas...
Ideas that make sense.