I think this next 6 mths will be really interesting. If Mt Marion starts to pay out to its shareholders, as is expected, then we are looking at 20-30mil revenue from this source potentially. NMT may be able to afford a 1c div, which would be about $5mil in cost to the company. Once cash flow starts to come in, SP should start to appreciate. Im hoping/expecting that the loan will be paid off in the coming 1-2 months. Keep an eye out for the announcement.
Current Price action, page-21
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Last
11.5¢ |
Change
-0.010(8.00%) |
Mkt cap ! $79.33M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.5¢ | 11.0¢ | $98.90K | 850.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 44538 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 160633 | 4 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| NMT (ASX) Chart |