MCT 33.3% 0.2¢ metalicity limited

Ann: NME: Supreme Court Defence, page-65

  1. 1,741 Posts.
    lightbulb Created with Sketch. 378
    Not sure about that one to be honest.
    Only 3 months to go until TO end date.
    In my opinion, If Nex cant afford to contribute then any moneys MCT have spent over and above their 51% earn in should be added to their % of the JV.
    Sure it's a tough gig atm. But MCT are committed.
    They continue to spend and progress the project AND have done well to take atleast 34% of Nex so far.
    Nex are like a cornered snake atm.
    The latest venture from Nex, the Cosmo tails project, which got Nex holders excited for awhile has been a flop. No reported gold production numbers other than to say, any recovered gold has been used to pay expenses.

 
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