A faint heart beat I agree, however for investors to tip in $11mil in the current situation suggests to me they are aware of a pending arrangement that will produce the $8mill plus working capital to complete commissioning and bring the plant and NMG to cash positive. I may be wearing rose coloured glasses but from the position I'm in I must remain positive. I believe there is still hope.
Large resource
10 year reserve
Plant $20 mil from completion
$40 odd mil debt
Surely they can get it running?
A faint heart beat I agree, however for investors to tip in...
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Mkt cap ! $307.4M | |||
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|---|---|---|
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