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11.4%

3.1¢ metalicity limited

Ann: NME: Target's Statement, page-5

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tukebay

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01/11/21

20:03

Post #: 57240761
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Originally posted by punter45 ↑

3.2 Reasons you should reject the OfferIn assessing the Offer, the Directors have had regard to a number of considerations, including the information set out in the Bidder’s Statement. The reason for your Board’s recommendation to Reject the Offer are:

Reason 1Lack of information including but not limited to long outstanding mineral resource estimates, which would provide a better valuation of both Metalicity and Nex .

Reason 2Nex under the joint venture agreement maintains in its own right the first right to all processing from joint venture tenements.

it’s getting ugly, nme might as well go all out and get mct investigated by asx/asic why are they withholding mre

who is fighting for its shareholders nme or mct, mct imo is blatantly punishing their retail holders, this deal is only good for their mates, retail who can’t average down can never recover if the takeover takes place

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Although the TO must and should be consummated, I can't keep from thinking of Neil Kinnock's wonderfully insightful saying, "You cannot fashion a wit out of two half-wits."
GLTAH.

MCT Price at posting: 0.9¢ Sentiment: Sell Disclosure: Not Held
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