Been an onlooker for a while as I was interested in the markets NMT had exposure to.
Seems to me the company is spreading itself far too thinly & isn't focused enough on one specific project i.e. management failure.
Surely the better approach would have been to focus on the project closest to generating free cashflow, financing that & using the CF it generated to bring along other projects?
Or sell out majority shares in one asset, get a free ride & use the funds generated to develop the asset closest the CF generation?
The Vanadium asset would seem the obvious asset to do this with.
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