NMT 2.04% 9.6¢ neometals ltd

Many thanks for your replies, much appreciated!Anyway, a...

  1. 74 Posts.
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    Many thanks for your replies, much appreciated!

    Anyway, a decision to give business away just to rise the ROI of a holding is not a good decision, considering that you could do the business by your self and generate own revenues.

    HNR is a small company with low equity. CRs will not be easy and NMT needs to put own equity in HNR if they want to support the CR and hold their current ratio.

    Primobius is backed by SMS group that will also arrange debt funding.

    In regard to a take over of HNR: why should NMT make HNR big, give them part of their rights and then take them over? Just to receive back what they have given away, but at a much higher price?
    That wouldn‘t make sense at all.

    Sorry, I can’t see advantages for NMT in giving further rights to HNR. Hopefully I miss something, I will see.

 
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