Post by
stockpunter on Oct 26, 2023 2:06pm
ownership
Todd also owns 11.5% of Sisson. So, non-Todd shareholders in NCF own about 21% of the project.
Even so, if the project went ahead right now, we would do well in terms of share price increase. Unfortunately, mining costs are soaring and W price is decreasing and nobody wants to put up hundreds of millions of dollars to build a low-grade W/Mo mine in a country where you have to pay miners a decent wage. Sucks to be us!