What management.
20 April 2010 Announcement stated
Plant refurb $8-$10M Period 44 months
Open Pit cut back $25-440M Period 2 yrs
Working Capital $10-$12M Period 12-18 months.
Listed shares 160m Options 6M
Two years later NMG have raised and consumed $178M inc todays CR.
Number of shares 610M options 99M.
Hows that for dilution and loss of a great deposit.
As they are producing(?) why didnt they borrow against future production instead of another CR with dilution.
Hoe can we trust management going forward.
Ann: NMG completes $20m placement , page-7
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Last
$1.09 |
Change
0.000(0.00%) |
Mkt cap ! $332.2M | |||
| Open | High | Low | Value | Volume |
| $1.10 | $1.11 | $1.09 | $281.8K | 257.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 24999 | $1.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.10 | 2951 | 2 |
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