Ann: Reorganisation of Capital & Cornerstone Investor Secured, page-25

We as shareholders of NML should only consider 5 to 1 consolidation, after what's been done to us in the EVN DEBACLE were we have effectively lost 90% of our original equity.
When DCN was been stolen from us by the criminals, we were only offered roughly 8 % value of original equity as shares in GMD, 7% of us held out and ended up receiving roughly 30% return of equity in GMD shares, eventually returning my family investment of over 200k through growth in GMD SHARE PRICE.
While further loss is not palatable, keeping 20 % of existing share holdings will give us exposure to future exploration success and at 10c per share will keep our existing equity 30 million MARKET cap in place , small reward for what's happened but with POG on the move maybe we can at least recoup our losses.