NML 0.00% 1.9¢ navarre minerals limited

Ann: Navarre executes new Offtake Contract and Finance Facility, page-14

  1. 6,134 Posts.
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    I don't get a notification if you misspell my handle. No "c"

    Commercialin confidence - no visibility on terms, so I can't really comment on the deal. But just like in your personal life. If you have assets and cashflow then a lot of doors are open to you to earn more...and this is one of those that NML can trigger. I much prefer this path compared to the last equity raise. Moreover a good company is never static as it will search out growth moving forward and deploy that earnings.

    Mining in this market cap is a very simple business model... you just need to keep doing 1 thing over and over again and that is to asset hop your way into the big leagues. Those that dream of hitting it into the big leagues with just the Vic tenements have woken up to a rude reality. Hopefully the SP moving upwards since this ANN is a good signal that those have now left the registry.
 
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