NKL is a scam lifestyle company, Ive shared my sentiment before and it still is true. Shareholders have bankrolled operation of this scam dream. The MC of the whole company is less than the value of an average suburban Sydney dwelling.
The directors have been paying themselves handedly over the past 2 years whilst delaying any works from happening and slowly running out of money. Look at the drilling results from the recent works....2 throwaway lines in the report that have cost more than 6 Million to the shareholders, and has been delayed time and time again and was scaled down to almost nothing. All that time nobody scaled down the BOD salaries, scam dream.
I said it before and I will say it again - Matt is a stain on the reputation of his mining heritage family of more than 6 generations. This is equivalent of mining fraud. He should be ashamed.
NKL Price at posting:
2.2¢ Sentiment: Hold Disclosure: Held
