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The ENEXD term sheet appears to be valid with about 10 times...

  1. NordicInformer
    847 Posts.
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    20/02/24
    12:16
    Post #: 72497879

    The ENEXD term sheet appears to be valid with about 10 times higher deal value:
    20 million AUD for 75% of the rights.

    It was elongated on Feb 5th in non-exclusive terms,
    https://hotcopper.com.au/threads/ann-corporate-update-february-2024.7832869/
    it is not likely that they were not aware of the failure of the ENEXD deal
    https://hotcopper.com.au/threads/enexd-says-not-invest-in-finnish-gold-projects.7757982/
    and lower value deal likely to be accepted only after 2 weeks.

    It appears that ENEXD deal was a scam like operation as indicated.
    https://hotcopper.com.au/threads/fake-company-and-term-sheet-scams-by-npm-enexd-for-offering.7545414/
    I have Mark Twain in signature below
    NPM Price at posting: 1.4¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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