Pilatus i dont really give a damn if you think i am a shareholder or not but you may try to make this Co look good , but no make up in the world will make this company look like anything but a pig , do you know where the funds are coming from ???? , the 2.7mil loan is spent already imo , and if you dont believe me , do some research , TNG need to be paid 2 mil in the very near future (maybe as soon as this month) , and then you have quarterly admin costs ( just check past admin costs) , so what is left ????? .
Also the 2.7 mil needs to be paid back back , what in coming funds do we have ???? think really hard on this , as i dont think we have any , no producing assets what so ever as of this date
So how do we get money to pay for our future re-payments and expenses ??? , RI maybe but who would take this up , as it failed not long ago at 5.7c , so if they are think this again what price could it be done for now seeing the SP is at 3.3c ?? imo maybe 3c , at this price what ever shares you have will just be belted by dilution , this will be the biggest wealth killer for existing shareholder that dont take up the RI and if the last one was anything to go by , not many if any imo retail shareholders will take it up
So what left NMDC putting their hand in their pocket , and imo the chances of that happening is greater than win lotto . so good luck with your sentiment Pilatus , all imo
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