Well Sir, the biggest upside that everyone bought into this company for was for the Czech project acquisition news...options for acquisition of which have now been sold on to another company that have been spun off as a standalone entity to develop those (avoid it at all costs, same management as the NKL).
NKL is a glowing example of how to deploy shareholders capital for the benefit of BOD and not the shareholders:
1. Take raised funds and 'promise the world'
2. Pay yourself handsomely, whilst not delivering anything
3. Pay yourself handsomely, whilst scaling down your promises with every progress update,
4. Pay yourself handsomely, whilst scaling down your promises
5. Pay yourself handsomely, spend SH funds to investigate option to purchase overseas projects,
6. Pay yourself handsomely, sell project acquisition options/IP to a different company after performing due diligence using SH funds
7. Pay yourself handsomely, deliver a x10 scaled down drilling campaign, with the intent of selling the IP/Tenement rights to a different company using SH funds
8. Pay yourself handsomely, consolidate shares, rename company and relist
9. Rinse and Repeat.
10. Retire.
- Forums
- ASX - By Stock
- Ann: Quarterly Activities/Appendix 5B Cash Flow Report
Well Sir, the biggest upside that everyone bought into this...
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NKL (ASX) to my watchlist
|
|||||
Last
2.5¢ |
Change
0.001(4.17%) |
Mkt cap ! $2.195M |
Open | High | Low | Value | Volume |
2.4¢ | 2.5¢ | 2.4¢ | $3.891K | 159.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 85493 | 2.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.0¢ | 157450 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 85493 | 0.024 |
1 | 160458 | 0.023 |
1 | 233160 | 0.022 |
2 | 47694 | 0.021 |
5 | 300000 | 0.020 |
Price($) | Vol. | No. |
---|---|---|
0.030 | 157450 | 1 |
0.031 | 41255 | 2 |
0.032 | 100000 | 1 |
0.034 | 210700 | 1 |
0.045 | 15000 | 1 |
Last trade - 13.24pm 17/06/2024 (20 minute delay) ? |
|
|||||
Last
2.5¢ |
  |
Change
0.001 ( 4.17 %) |
|||
Open | High | Low | Volume | ||
2.5¢ | 2.5¢ | 2.5¢ | 26067 | ||
Last updated 13.24pm 17/06/2024 ? |
Featured News
NKL (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non Executive Director
Simon Kidston
Non Executive Director
SPONSORED BY The Market Online