NPM 13.0% 2.0¢ newpeak metals limited

Ann: Change of Director's Interest Notice, page-6

  1. 847 Posts.
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    NPM has been very successful setting its share price with loan
    security arrangements using LKO shres where it is the biggest shareholder.
    The previous loan was corresponding to
    current share value 0.2 AUD for LKO and 2 cents for NPM which has been
    quite exact.
    https://hotcopper.com.au/threads/share-value-0-02-cents.7469790/

    Now CEO David Mason just announced with this relese
    that NPM share price should be less than 1 cents,
    and value of LKO should be 0.1 AUD.
    That would be the optimistic scenario of the biggest shareholder of LKO
    and one of the biggest holders and CEO of NPM
    in range of next 2 years

    Mason took 500 000 LKO shares as security for loan of of 50 000 AUD meaning share value 0.1 AUD.

    https://hotcopper.com.au/data/attachments/5880/5880552-621017ddbbea980e8160cf8b4b2a74e8.jpg

    Apparently the same terms apply for the similar loan from Neil Francis Stuart,
    a former director of NPM and the largest shareholder.
    See release of January 8th first page, copy bellow
    https://hotcopper.com.au/threads/ann-corporate-update-8-january-2024.7792204/

    So it is a very strong message about the value of NPM
    and insider knowledge about the lucrative Finnish gold term sheet
    with the "Iranian oil rig man" assoiated company, Las Openas dispute and so on.

    https://hotcopper.com.au/data/attachments/5880/5880567-ba5a500d4576cabfa3f8d4775b837b91.jpg


 
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