Correction:
"As far as I can tell, the only thing that has a correlation with the share price is the bank balance - both are down!"
The correlation is with the number of active projects and the bank balance.
If the VRP has such strong commercials, why couldn't the company raise the funds in order to progress the project?
If the project doesn't have the commercials to justify NMT raising funds, why would someone else want to buy the project - unless it was offered at a significant discount to the headline numbers?
As I've asked multiple times here - and I'm yet to receive any theories...
How did this project completely go away?
How could Chris and the board be so out of touch with the realities of the market and finding requirements?
General Neometals related news, page-3912
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