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1.9¢ navarre minerals limited

Ann: Trading Halt, page-26

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delta charlie

515 Posts.

38

14/06/23

12:21

Post #: 68278726
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Originally posted by 351gt: ↑

I wouldn't be surprised if NML sells something at this point. The dilution on a caps raise would be insane. Banks are very nervous at the moment. How can anyone even discuss Tandarra when nml certainly doesn't have a spare nickel to drill or do anything. Its not like the govt would simply let nml tear the place to shreds anyway. There has to be a plan. Selling tandarra and going all in on Mt Carlton is the smart move.

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I agree a sale would be prudent but once has to ask "who is the natural buyer?" and are they better served by not buying it right now?
Sadly thats the issue or I think it might have been sold prior to some of the funding 'solutions; which have been put in place.
Regards
DC

NML Price at posting: 1.9¢ Sentiment: None Disclosure: Held
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