NIU 0.00% 2.0¢ niuminco group limited

Would be good to know if any actual drilling is taking place at...

  1. 100 Posts.
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    Would be good to know if any actual drilling is taking place at Eddie ck with the 500k, or some improvement in mining efficiency so we are now feeding the good stuff to the plant. Or will the 500k just cover our cash burn for the year and we'll end the year as we started it?

    Need some news on this transaction or whatever it maybe. Looks like we're tied into it since the leases are trying to be put forward as security (not surprising that is hard to register in png is it). So either we go forward with it; or we pay back 500k which we dont have, which means we forfeit eddie creek and its game over.

    Should we have got to vote on that? Probably not as its only a loan at this stage? Big implications for NIU though. Just sit back, relax and wait for the next installment of this soap opera i guess, hoping it has a happy ending. Suspended so no choice anyway.
 
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