Been an onlooker for a while as I was interested in the markets NMT had exposure to.
Seems to me the company is spreading itself far too thinly & isn't focused enough on one specific project i.e. management failure.
Surely the better approach would have been to focus on the project closest to generating free cashflow, financing that & using the CF it generated to bring along other projects?
Or sell out majority shares in one asset, get a free ride & use the funds generated to develop the asset closest the CF generation?
The Vanadium asset would seem the obvious asset to do this with.
Been an onlooker for a while as I was interested in the markets...
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Last
13.5¢ |
Change
-0.010(6.90%) |
Mkt cap ! $93.13M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.3¢ | 13.5¢ | $581.4K | 4.094M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 161087 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 71759 | 3 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| NMT (ASX) Chart |