NME 0.00% 2.6¢ nex metals exploration limited

Ann: Update on Issue of Shares, page-6

  1. 440 Posts.
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    In any case the funds from the costs orders will go to the barristers & solicitors. NME won't derive much benefit at all from the cost orders I would presume.
    The 1.28m cash call is the concern now for both JV partners, NME will have some costs to bear from this I believe but just how much is the question.

    The company is merely a real estate entity now, costs are over running the company with little value on the horizon imo.


 
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