My question to this is, if Noronts been issuing shares like writing cheques , then in theory how long can they continue to keep this going ? The last email i got from Noront was explaining they have reached a deal called the " Eighth Amending Agreement " with RCF . Can i technically be opening an email in 2023 reading Noronts reached a " Sixteenth Amending Agreement " with RCF ? and some more stock issuing to Franco Nevada or are these posts Im reading of grave concern ?
I was looking at this from the angle of we got $ 50 to $100 Billion and need another bit of cash. or is this a matter of can these banks / financiers pull the rug out and cause this company to collapse.
Im sincerly trying to stay positive here but Im not knowledgable about extended financing periods of 5 to 11 years say !