NIU 0.00% 2.0¢ niuminco group limited

Ann: Response to ASX Appendix 5B Query, page-70

  1. 725 Posts.
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    Probably the best way to sum it all up

    For me, there is absolutely no worries on my mind given my basement level entry @ .002 coupled with the fact that, like you said, management are receiving payment of wages in the form of stock.

    Admin fees were already reduced significantly, they then salary sacrifice to receive payment in the form of stock, equipment and machinery has been upgraded and along with output increasing I sense this is ready to rock.

    I’ll say it again, <$5m market cap for a company already producing, brought in $526,000 worth of sales last quarter on only 95 Tonne of total ore produced, when the company is planning on producing 40-60 Tonne DAILY now!!, management own a heap of stock and still receiving stock in the form of wage payment .. yes please
 
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Currently unlisted public company.

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