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While I don't disagree with your observation re NME...

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Koala1959

1,649 Posts.

1293

24/02/22

20:50

Post #: 59804941
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Originally posted by kakkoi9999: ↑

Not just the math work, but I would like to see how NME would contribute to any JV payments called upon for the up coming drilling program and also the past two quarters expenditure incurred by MCT. Worrying times for NME holders IMO under the going concern regulations. This TO could be extended for up to a year and another take offer started again for another year thereafter IMO at a lower offer than current. Dont hold your breath for any increase in offer IMO.

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While I don't disagree with your observation re NME unfortunately the NME shareholders don't seem to concerned about NME's position unless they think the standoff we have now will mean MCT improves the offer to break the stalemate

MCT Price at posting: 0.7¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 2.3¢		Change 0.001(4.55%)		Mkt cap ! $14.22M

Open	High	Low	Value	Volume
2.3¢	2.4¢	2.3¢	$45.64K	1.967M

Buyers (Bids)

No.	Vol.	Price($)
4	355770	2.3¢

Sellers (Offers)

Price($)	Vol.	No.
2.4¢	50000	1

View Market Depth

No.	Vol.	Price($)
4	355770	0.023
5	872634	0.022
9	1023030	0.021
8	920000	0.020
1	83330	0.012

Price($)	Vol.	No.
0.024	50000	1
0.025	959244	4
0.026	1262489	3
0.027	180250	2
0.028	222000	2

Last trade - 10.30am 08/11/2024 (20 minute delay)

ARI (ASX) Chart