Novo Resources Corp T.NVO

Understand what's needed in the next few Quarters

[TXRogers]

Keep a close eye on on the accounting terminology and Quarterly report wording for the remainder of this year and possibly into early 2022. 

And refrain from expecting the "unreasonable".

• We don't want to see a profit declared.  That means taxes and cash payments.

• We don't want to even hear anything about dividends. That means more cash outlays.

• We want to see positive cash flow from company operations (ie. BC and Nullugine).  Which is not the same as company profit, which must remain zero, and possibly a little negative.

• We want all expenses to be put towards operational stability and company growth activity.   Basically to secure the future of the business being grown.

• We want short term, high interest debt repayment ASAP.

• We do not want to see cash burn and debt repayment significantly exceed revenue.

• Because....We don't want to experience further share dilution.

And finally, when an investor want's to step aside while all these activities are being managed by the company, it is not a sin or something that should draw insult by others.  It is simply a personal choice.  That's investing, not trolling.

I remain invested and will take advantage of all challenges that appear in front of Novo.  But make no mistake about it, I do not look forward to them when then unexpectedly appear.

Tx

[Harmonnica]

This post has been removed in accordance with Community Policy

[Harmonnica]

This post has been removed in accordance with Community Policy

[ronreagan]

You're a good man, Tx.

[HuberPeter]

yes, but this huge interest rate is a obvious doubt of the main shareholder sprott peter 

[Harmonnica]

This post has been removed in accordance with Community Policy

[Harmonnica]

This post has been removed in accordance with Community Policy

[tbnorthstar]

Both are exceptional investments, plain and simple. E3D can be monetized easily if need be. Think the market value of NFG shares they hold covers the debt easily. I know you are helping out your little Italian buddy and his short position but this 24x7 bashing has gotten real old.

[Harmonnica]

This post has been removed in accordance with Community Policy

[TXRogers]

I don't think anyone really listens anymore , NS.   Like reruns of Pinky and the Brain.   Tx  

[Harmonnica]

This post has been removed in accordance with Community Policy

[Harmonnica]

This post has been removed in accordance with Community Policy

[Harmonnica]

This post has been removed in accordance with Community Policy

[Harmonnica]

This post has been removed in accordance with Community Policy

[tbnorthstar]

You talking to me H? You haven't got a clue, you really don't. 

[Harmonnica]

This post has been removed in accordance with Community Policy

[TXRogers]

The lending facility has nothing to do with ES, except for bearing his name. Tx