NWC new world resources limited

Ann: NEW WORLD ENTERS INTO A$185M SCHEME WITH CENTRAL ASIA METALS, page-281

  1. 751 Posts.
    lightbulb Created with Sketch. 124
    LTR was a disaster, but that was about the local heavyweights wanting to keep China out of its Pilbara patch. This is different.

    I reckon RCF got involved because of the potential ROI and my bet is that they were not thinking 5 cents per share. There were plenty of retail holders wanting to vote no, so they may well have a pathway to that vote now, or an alternatively better bid.

    Worst case scenario anyway is 5 , so I am happy to see this play out now.
 
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1 400000 6.2¢
 

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5.0¢ 50616 2
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