skatie,
It is heartening to see KR stopping the cash drain ....This is admirable for an outfit with no "real" business yet.
PW in his "flamboyance" & extravagance chewed through Nippon's $5m in a couple of quarters....The market was not too kind to his lack of vision.
As we stand...
# INL has some cash that is not evaporating quickly.
# Has some other assets that may be realized at some stage (Zeehan Zinc Slag/BSM)
# Has some IP that could be useful with the efforts of 3rd parties , No expense in maintaining it.
# Has management with a different vision.
# Has new large shareholders with vested interest.
What it lacks at this stage is a sustainable profitable business....this will change in the near future.
Worthwhile holding to see what emerges from the rubble.....I think we have seen the worst.....Whatever comes will be better than bad.
skatie,It is heartening to see KR stopping the cash drain...
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Last
58.5¢ |
Change
-0.005(0.85%) |
Mkt cap ! $105.3M | |||
| Open | High | Low | Value | Volume |
| 60.5¢ | 60.5¢ | 58.5¢ | $29.39K | 49.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 128413 | 58.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 59.0¢ | 5000 | 1 |
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| Last trade - 12.22pm 04/12/2024 (20 minute delay) ? |
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