I will start with a disclosure I dont hold I am not down ramping I dont want to buy
The fact the banking agreements havent been announced should be very concering. There is no doubt NMS are in a weak position and if the Australain dollar was hurting them when it was 80 cents it must be killing them close to parity. It will simply transalte to lower actual revenues and we know even with the 200 million plus revenue they were strruggling to turn a profit. The debts I assume are predominantly in Aussie dollars which aint good
Good luck all but the silence is a bit scarry.
also as opposed to an open letter why dont you guys call CL, I would if I was holding
NMS Price at posting:
8.8¢ Sentiment: Sell Disclosure: Not Held