Post by
seveneleven711 on Mar 24, 2023 11:25am
My Guess/Opinion
The last 10 months has seen ~70 to 80 million shares trade in the $6-$8.50 CAN range. Hindsight will show that the long shares purchased in that group will be "smart" money, some of these shares purchased by the eventual buyer of SKE and those participating in the coming equity/debt financing for construction which I believe is coming this April/May 2023. I believe that the equity financing will be for ~$200M CAN @ ~$9/share CAN giving SKE ~110 million shares fully diluted. Then the fun begins especially with rising AU/AG prices.
Comment by
templetooth2 on Mar 24, 2023 12:49pm
I think Randy Reichert is on record as saying that financing is a late-this-year or early-next-year kind of deal. Mind you, plans can change.