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Re: None

Tuesday, 05/09/2017 9:22:49 AM

Tuesday, May 09, 2017 9:22:49 AM

Post# of 264
SCY owns 80 percent of a 200 NPV project, so 160 million in value. Current market cap is 90 mil CAD, and they still need to raise 80 percent of 90 ish mil for Capex. So even if it could raise here at 36 cents, its market would be approx equal to NPV... before ground breaks? IMO, must trade down. 23 cents? Why is this wrong?