Two years of pent-up shareholder frustration makes for massive liquidity event on NSX.
So we wait 12 months or more for the JV to become formal, then we have to wait another 6-9 months for any exploration applications to licenses to be approved by Saudi Ministry, then we find a geo, consider a drilling strategy, submit budgets to the boards of the respective companies and JV's for approval, then commence drilling by Q1-2 2027- then we wait for results Q3 2027. All with a probability of less than 0.1% success rate. And we cant get out of the stock without accepting a 50-70% discount to cash backing! Time for some resignations or a 249D roll.
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Last
5.7¢ |
Change
0.000(0.00%) |
Mkt cap ! n/a | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| Vol. | Price($) |
|---|---|
| 85900 | 5.7¢ |
Sellers (Offers)
| Price($) | Vol. |
|---|---|
| 7.0¢ | 452700 |
| DNK (NSXA) Chart |
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