Currently the JV terms of 51/49 have not changed and will remain so
until NME reneges or is not in a financial position to meet its financial
obligations under the terms of the JV agreement and that is when
the JV equity percentage will likely change.
At present, while NME is hiring lawyers and expert advisers and racking up
unnecessary debt, to save their own outstanding accumulated fees, the SHs
are the ones being let down, IMO if the directors fees were not a thing
this deal would have been all over bar the shouting.
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Currently the JV terms of 51/49 have not changed and will remain...
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