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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$1.06 |
Change
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Mkt cap ! $319.4M | |||
| Open | High | Low | Value | Volume |
| $1.06 | $1.08 | $1.06 | $316.9K | 298.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2355 | $1.06 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.07 | 6533 | 1 |
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