HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

Free
Message: "Normal" Value conditions
Reply New Message
Prev Message Back To Forum Threaded View Next Message

"Once financing and construction come through, and again let's pretend the market returns to normal, then we can attribute our industry standard 30% of NPV."

The two words "to normal" are not needed!

And as such, to make the statement suitable as pertaining to shareholder interests respecting the 'Ring Of Fire', why not say:

'Given that finances will be there when construction can begin, regardless of when the market returns, Noront shareholders should resist any attempts to have them give up shares at even 1/20 what this environment has this all valued at.'

The market is NOT to be a concern.

Being bought out or sold out (again) has to be the prime concern.

Old Joe

15 Recommendations
Reply New Message
Prev Message Back To Forum Threaded View Next Message
Share
Share
New Message
Please login to post a reply