Absolutely correct and quite probable... 1. No producing assets to speak of. 2. Directors will dilute this to nothing with what we supposedly owe them for the marvellous job they are doing. 3. 1km square of new untested dirt we need to somehow fund. (Monopoly money isn’t real Tracey!) 4. Apparently unable to properly understand how licence renewal works in PNG or at the very least unable to work out the dates of the renewal. Great job management!
By the way if we move back to 0.001 NIU is valued at $140,000. I doubt we would be allowed to remain on the ASX with that valuation and we would probably be worth more as a shell. Thanks for completely f****g this up management.
NIU Price at posting:
0.1¢ Sentiment: Hold Disclosure: Held