"negotiations with prospective industry partner expected to conclude imminently, likely to include a funding solution."
This is the reason for interest in this $4M MC company today.
If the transaction is concluded, NC6 could become the ASX Lazarus of 2024.
Assume the prospective partner is Paradise Textiles ( Alpine Group ), with whom a terms sheet for a JV has been signed.
But,
could it be the Aditya Birla Group, with whom we now share a granted patent, and ready to scale.
or perhaps INDITEX, who we signed an MOU back in June 2002 and supplied Nullabor, but have heard little of since.
Most likely Alpine Group.
