I'd rather send a dog turd in a paper bag and have someone set...

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thecrabpest

2,365 Posts.

1588

22/04/24

03:18

Post #: 73447884
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Originally posted by ProCapitalism: ↑

Yeah, I've been saying it here for the last 6 months or more, NMT could be treading water for years to come, diluting holders along the way. After selling our assets for cents on the dollars & then paying their family & friends (who are the largest shareholders) dividends. We're all sitting here looking like stooges.

MB & NMT are 2 years into a 5 year research collaboration. Like I've said, MB isn't going to risk it all without proper DD. So there's probably another 3 year wait just there.

Stelco could be a rainbow or unicorn. It could up & vanish, like a fart in the wind, just like the other projects have.

The remaining projects could be sold for cents on the dollars.

Don't worry though, it's all good, because Chris "Let's make it rain dollar, dollar bills ya'll" Reed is getting his $600K a year. We need to set up a fund, pool all our cash together & send him a bottle of Grange.

I was thinking we should buy this one.

https://www.9news.com.au/national/p...-weekend/69c64d05-ffd4-489e-9d45-9e271dfb93c0

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I'd rather send a dog turd in a paper bag and have someone set fire to it on his front doorstep.

He is an arrogant fool who cost investors, his family and friends many hundreds of millions of dollars.

The only justice is in 3 short years he has completely ruined the name and legacy of his family, and I hope he reflects on the pain and suffering he has caused people from his hubris.

You are not a good or brilliant man Chris Reed, you are more like Icarus, you came out of your father's shadow, flew too close to the sun and your incompetence meant you've come crashing down to earth.

Last edited by thecrabpest: 22/04/24

NMT Price at posting: 12.0¢ Sentiment: Sell Disclosure: Not Held
7 Upvote

2 Great analysis

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