It may be just a thought but as far as I am aware that the Director Loans to prop up NME over the last couple of years are un-secured.
I may be wrong but as I seem to re-call as per ASX listing rules,security of these loans can only put into place by Shareholder approval.
I'm not sure if this was ever enacted.Interesting.
Ann: Highly prospective Lithium project secured, 3.15% Rock Chips, page-46
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