There could be gamblers who would bet for ENEXD deal and buy...

There could be gamblers who would bet for ENEXD deal and buy shares

The deal is very unlikely because:

1) The term sheet says that 5 million AUD (3 million euros) would be paid in cash for 75% of the rights.
As market value of the company is now closer to 1.5 million, 100 % of the rights + other projects
would be available by fraction of the payment

2) ENEXD is owned by family with problems of debts from court cases and financing
might be quite problematic
https://hotcopper.com.au/threads/fake-company-and-term-sheet-scams-by-npm-enexd-for-offering.7545414/

3) This has a value of a non-substantiated rumor but it is interesting as such.
A Nordic person contacted a key ENEXD manager, and was told that the deal will not happen.
There would be also no interest for buying NPM shares.
If somebody would be interested the connection may be found based on the information
about ENEXD companies.

Then there is a question was
i) NPM fooling ENEXD or
ii) vice versa
or
jjj) both together the investors on asx.
If ENEXD will not announce soon that it will not make the deal, one could assume
the third iii) alternative, which could be most likely based on the history.
However the person who contacted ENEXD wondered that NPM may have previously succeeded
to get ENEXD believe that there would easy gold in Finland

However
4) The strange ENEXD Term Sheet could provide investors at least theoretic possibility
for getting compensation for their losses by a class action or a regulatory process
https://hotcopper.com.au/threads/compensation-for-people-suffering-the-frauds.7754189/