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.
What management.20 April 2010 Announcement stated Plant refurb...
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Last
96.0¢ |
Change
-0.020(2.04%) |
Mkt cap ! $292.3M | |||
| Open | High | Low | Value | Volume |
| 96.5¢ | 97.0¢ | 95.5¢ | $191.0K | 199.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 24799 | 96.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 97.0¢ | 12935 | 6 |
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| Last trade - 14.10pm 09/09/2024 (20 minute delay) ? |
| ACF (ASX) Chart |