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May River Update, page-14

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kickit2me

13,622 Posts.

4845

24/06/21

21:41

Post #: 54055724
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Originally posted by ozmadian: ↑

NIU has been dead in the water for a long time. Frankly NIU are lucky they got $250k and shares from KRL rather than KRL waiting them out for the licence expiry. Is $250k enough to recapitalise Edie Creek.... not a chance. So my view it's all about what happens with their shares in KRL .. which'll be a decent long wait.

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Yep.

As I said. A full acquisition for shares would have been best for us.

Not for "him" though.

...
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0 Great analysis

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