Plimer was who I invested in wrongly ! never met Tracey or believed his spiel, tried calling a couple of times recently but never communicated to him used to think its was chick .
The consolidation is they only function the ASX had in mind for a re-list and was always going to be 2c that’s them rules again, so pretty easy to see it had to be 20:1, helps to know the rules.
The ASX wants to know how they are going to be able to re-list as a going concern as a mine not an explorer so the coy would have to meet a debt requirements and show them a plan. The Auditor would have seen the god bad and ugly whilst doing the an audit yet chose to splash some cash whilst in a none trading phase erm ...again what’s missing apart from your balls, offence meant.
NIU Price at posting:
0.1¢ Sentiment: None Disclosure: Held
