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ColdDarkHole

11/19/25 8:51 PM

#124580 RE: The_Gman #124579

That is why I want to sell this battered, stretched out, diluted, spaghettified ticker. Sell it while all this is stirred up and the industry looks very appealing and lucrative before the dust settles. Now that the goal posts are moving... again, who knows what the dilution will be by the time this is getting going. Postulated timestamps suggested weeks apart are different. ~280M shares before the failed SPAC then consolidate to 30M in NB and then bloating back ~200-300M would suuuuuuuck. The dream it was 8 years ago isn't there anymore. They didn't want to drag this out for 10 years, they just could not get it done. They thought production was possible by 2016 (!!!?) , and here we are in 2026 waiting on the 3rd FS and Gov money we said we would never need. All this wouldn't even be happening if it weren't for absolutely insane global politics creating tailwinds that were not there before. Sell the fucker now before the winds die down. Reap what we can get as battered legacy retailers and find another investment. If this isn't in full swing by 2029 and we have bent the knee to China again, it may very well be the end of the road here. A 5x return (or 2X) is better than a 0x return.
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AlwaysOptimistic

11/19/25 10:43 PM

#124587 RE: The_Gman #124579

They’re sitting on $300 mil cash reserves or so to my recollection. They have the money to finish the drill analysis and should make it a priority and update the FS if that’s what’s holding up EXIM. Just get er done!