Jungle Jimbo, However much they take out, if they can show cashflow in their books and at the same time start drilling the Ni, it will be 10c before they need to raise smaller amounts of cash if they need to raise anything at all. That is not to say they do not have any cash now, but with this strategy this co will take on a new momwentum in its operations.
Congratulations in picking the gems out with your careful reading JJ. cheers
AVB Price at posting:
2.5¢ Sentiment: ST Buy Disclosure: Held