MCT
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0.00% 0.2¢ metalicity limited

Ann: Quarterly Activities Report, page-3

  1. RoyE
    1,824 Posts.
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    05/08/23
    14:06
    Post #: 69177352
    That's the way I read it too. I'm not sure of the process if MCT wins - like you I would assume that MCT can take greater ownership of the tenements i.e. greater JV share if NEX can't pay cash (which seems likely since NEX only had $267k cash available at 30 June 2023).
    MCT Price at posting: 0.2¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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