That should be a minimum based on projected FCF numbers for current resources.
Could actually be higher with current Cu price.
Who knows, now that Nick and Co are in charge they are actual miners. Mike and team were more project generators.
Gil, the new director is a deal maker based on his last 3 roles, so pretty much gives you an idea of where this is headed.
Shouldn't be too much more dilution from here if the streaming is close and the final derisking is at hand via bankable studies, but who knows.
A nice govt grant with all that extra Fed printed money to expedite critical metals projects would be nice $20 to $30 million USD to kick it along and tie it all over.
Either way it all leads to the pointy end of the deal. Directors chucking in another 640k as per agm/egm votes tells me all I need to know. Everyone getting set for the upcoming pay day.
NWC Price at posting:
2.3¢ Sentiment: Buy Disclosure: Held
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