As previous noted and as per the footnote on page 34, Critical Metals have to complete a private fund raise of at least $3 million within the next 7 days to meet their payment obligation and retain their 50% interest in the Vanadium project, otherwise Neometal's interest automatically increases from 50% to 75%. Personally, I would be quite happy for this 'equity' to move across to Neometals and I'm confident 'green' funding for the Vanadium project can be secured on favourable terms from European sources.
NMT Price at posting:
59.3¢ Sentiment: Buy Disclosure: Held
