I think either NNG will be taken over or go into administration by the looks of it.
One quarter's free cashflow positive and claiming the company has turned around financially last year.
See where they are at now, having less cash than many Australian's bank accounts and HUGE amount of unpaid debt.
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- Ann: NNG Quarterly Activities Report and Appendix 4C Jun-24
I think either NNG will be taken over or go into administration...
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