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
12.0¢ |
Change
0.010(9.09%) |
Mkt cap ! $74.73M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 12.5¢ | 10.5¢ | $69.82K | 602.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 57100 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 434135 | 5 |
View Market Depth
| Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
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Last
12.5¢ |
Change
0.010 ( 13.6 %) |
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| Open | High | Low | Volume | ||
| 11.0¢ | 12.5¢ | 10.5¢ | 425042 | ||
| Last updated 15.59pm 31/05/2024 ? | |||||
| NMT (ASX) Chart |