Don't read this announcement and thread then...
https://hotcopper.com.au/threads/ann-disposal-of-mt-marion-offtake-rights-for-a-30m.6093782/
Even back in 2021 when NMT had over $100m in cash there was talk of NMT having to fund their share of the projects, and the potential for a cap raise on order to do so.
Sure dividends were paid out (and who benefited most?), but now the most progressed and near term income revenue generating project has a for sale sign up?
It's like to understand the details of how it all died so suddenly for the project. I can't help but think there's more to this situation.
Even if Chris was to have raised the money to ensure the project was going ahead would have meant a guaranteed revenue stream in XX months.
Honestly, what happened?
Don't read this announcement and thread then......
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