Ann: Multiple New Priority Exploration Targets Identified, page-42

"they should have gone to courts for jv payments and apply for jv increase in lieu of cash"

I don't really know if I should answer this statement or just ignore it, it just feels like another bait post as it couldn't be serious?

Until the boards from each company can reach a resolution or it is decided upon by a judge there can be no end to the cash call unless withdrawn.

As stated in recent ann's they are working towards a resolution, that may include JV increase in lieu of cash but we are all aware shareholders of NME will be affected by dilution events in the near future due to liabilities & debt, cash on hand, the MC of NME is arguably above market value so it's not that simple & the directors of MCT aren't stupid and wouldn't take on shares at a premium like prior issued shares.

It wouldn't imagine it to be an easy negotiating platform & may require a third party to achieve a suitable outcome for all parties.