NPM newpeak metals limited

Ann: Extension of termination date on Finland JV, page-4

  1. 851 Posts.
    lightbulb Created with Sketch. 93
    Sorry to be late.

    On Nov 4 in amended Q3 report
    https://hotcopper.com.au/threads/ann-amended-npm-quarterly-activities-report.7671736/

    they revealed a possibly positive side of the agreement with the "Iranian oil-rig man".
    There is a Termination Clause if condition were not satisfied by 30 October 2023

    https://hotcopper.com.au/data/attachments/5763/5763865-6e3b9c3e181fd70ec1e7da4cfd7b70dd.jpg
    But they did not reveal that the deal actually passed Termination Date and expired
    on 31 October 2023 (which was amended to 31 Jan. by this release)
    https://hotcopper.com.au/data/attachments/5763/5763878-2ba14348ba82c07ee1400176ec4238d2.jpg

 
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