NQM 0.00% 40.5¢ north queensland metals limited

I hope someone comes in with something better because at the...

  1. 76 Posts.
    I hope someone comes in with something better because at the moment neither of these two options look attractive and I think we are better off staying independent. Particularly regarding the claims that 20% of the profits go to the HSK directors. If this is true then NQM's Target Statement is misleading as they state that we will have a beneficial interest in Pajingo of 60% post takeover, but if the directors take 20% of the profits first then our share of the profits is only 48%.

    I have called the NQM shareholder hotline and questioned this and will post the response on here. Has anyone else questioned this claim?

 
watchlist Created with Sketch. Add NQM (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.