Replies to post #4771 on NMC Inc. (fka NMCX)

[Rdiddy]

Alba, you are no doubt aware that this number is derived from the NMC website:

**********Values, before extraction and gross profit margin, range from $1.86 Billion to $3.2 Billion, dependent upon current spot pricing.***********

Whether you agree with it or not, that number is what the company is claiming on its own website. I would think that there would be very serious ramifications to NMC and MS of blatently posting a false value at this point in the game. They must be confident in that number.

[feinanddandy]

alba,

There is no back up, I am aware you know this too. Looks to me like soneone else wants out (Bvan23) and is hoping some poor sap thinks it's worth that and buys in here...LOL

Classic

[Rdiddy]

Per the NMC website, the ore represents:

•Values, before extraction and gross profit margin, range from $1.86 Billion to $3.2 Billion, dependent upon current spot pricing.

Bvan was being conservative with his $1.8 Billion......he took the lowest number of the two and actually subtracted $60 million.

There is nothing misleading about the numbers. They represent PRE-EXTRACTION amounts and do not include any desired profit margin. The extraction and processing costs could easily total 50-60%. That drops the most conservative number down to about $750 million. If someone wanted to make a 50% profit, they would only be willing to pay $350-$375 million for the ore.

Given the current outstanding share total, the royalties, and accrued expenses that the company has incurred, the shareholders might be able to garner 5.5 cents per share from such a price.

Of course, the above scenerio is a hypothetical example using very conservative numbers. I am not suggesting that any shareholder will end up with such a payout.