From memory: MCT spent $5.5m to get 51% of the JV which was a great deal for MCT and the SP soared.
Then 50/50 expenditure but only up to a decision to mine ie DFS
Re the obstruction: I used to own NME shares on the basis that the MC of NME was way lower than MCT which made no sense
I was shocked to see some MCT anns not announced by NME which seemed very unfair to NME holders.
I made enquires to both companies and got no answers.
Reasonable to conclude that MCT had not provided NME with the anns (but I can't know that for sure?) and that the relationship had soured.
My Opinion DYOR
From memory: MCT spent $5.5m to get 51% of the JV which was a...
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MCT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.392M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $2.22K | 1.110M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 51 | 117477648 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 23013232 | 17 |
View Market Depth
| Last trade - 14.41pm 26/08/2024 (20 minute delay) ? |
| MCT (ASX) Chart |