“To be Material, or not to be material, that is the...

“To be Material, or not to be material, that is the question”

This has been bugging me for a while…

NTM have outstanding exploration results.

Have these drilling results been received by management yet?

It was written in the QAR on the 30/10/20 that;

THE HUB
20RDD007 was drilled just north of the lamprophyre dyke at depth and is still being processed.
Assays are expected in the next few weeks. A diamond hole was also completed at the GTS deposit testing depth extensions.
This hole is also still being processed with results likely to follow after 20RDD007.

RC DRILLING
A 32 hole RC drilling program was completed at the GTS deposit and Gully area for a total of 4,195m. Holes were testing depth and strike extensions to the mineralisation, with some holes to be used as pre-collars for diamond tails. The results from this drilling are expected over the coming weeks.

One would pretty much presume that the results have or are about to be received…

Now the ASX pretty much states that ALL material information must be released to its shareholders…

I notice that in the companies recent 19/01/20 AGM Presentation on Slide 7 it stated that aggressive exploration is ongoing and there is no mention any more of pending results as was written in the QAR…

Will these results be released in March after the merger to help enhance the share price of DCN or before hand?

What are the legalities of this?

As a shareholder of NTM I feel that if these results are good they would materially affect NTM’s share price? The same occurs if they are not so good…

The company has an obligation to make sure that ALL holders of NTM, including management receive the MAXIMUM $ possible from ANY merger,

If these results are NOT released by the NTM management until after the merger has been completed then possibly WE the share holders may well miss out on a BIGGER OFFER and HIGHER PRICE from a possible TAKE OVER or merger from ANOTHER BIGGER COMPANY!
?

The question is do NTM management owe it to us to release these results earlier? YES or NO?

As far as I can see management has always been very professional in its dealings!

To me this MERGER is a fantastic deal as we get a plant and go IMMEDIATELY into PRODUCTION

HOWEVER,and please correct me immediately I am wrong…

Surely IF these results outstanding from the DD at the HUB and RC from GTS are decent, perhaps spectacular?! Then surely the NTM share price would be higher than its current price?

SHOULD WE AT NTM BE OFFERED A BETTER DEAL FROM DCN THAN WE CURRENTLY ARE?

I am truly hoping that we get an announcement shortly from NTM in regards to these exploration results!

If these results are good it may give NTM share holders the opportunity to receive a better bargaining price in the merger or perhaps a possible take over bid from another bigger company?

The question is are management legally able to hold on to these results until after the merger based on its aggressive ‘ongoing’ drilling program?

Either way the future looks very BRIGHT!

GLTAH+DYOR