NMT 16.7% 10.0¢ neometals ltd

Ann: Daily share buy-back notice - Appendix 3E, page-9

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  1. 1,279 Posts.
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    Hi Christo, the statement says RIM has a positive obligation to distribute profits so there must be some sort of agreement, it goes on to mention board approval after loan obligations and tax but I think the surplus cash must be distributed to the shareholders who I think are MIN and NMT, but it's RIM not MIN who distribute the cash, Loop.
 
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