NMR native mineral resources holdings limited

Ann: NMR acquires QLD gold projects in transformational deal, page-3

  1. MKJ
    28 Posts.
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    Interesting announcement, always good to see a company adding assets and seeking to generate cash flow from them. But, I note a capital raise for $14M is announced with the current market cap being $13M. So they will ask us for money and also dilute our current holdings. The price will be 0.03 to 0.07 they say. I hope the strong gold price helps this be a higher number.

    This is with the vendor provinding finance, but requiring a payment in December. A bit of a tight rope walk of things to happen to land this whole deal.
    Last edited by MKJ: 08/11/24
 
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