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1.9¢ navarre minerals limited

Hi Rivermore. In your opinion what would make the best outcome...

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Justgold78

377 Posts.

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22/07/18

13:11

Post #: 34503561
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Originally posted by rivermore ↑

I certainly get the impression that CYL are gaming NML. Even the hold back of results from some of the drills at Tandarra due to the 'completion' of the earn in is pretty rough. NML / CYL will be in JV once the paperwork is signed, the discussion will then move to (and be highlighted by CYL no doubt) how we pay for our 49%. We need to get establish visible metrics on what the company spend on overheads v money in the ground (exploration). The market clearly doesn't like the current arrangements but everyone is free to make their own mind up. For mine, we have an opportunity to participate in a once in a lifetime gold boom in Victoria, we need to make sure we don't blow it or be outplayed. DYOR.

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Hi Rivermore. In your opinion what would make the best outcome for NML funding wise for costs related to the JV. CR to current holders only?
Approach another company with interests in the Vic goldfields for additional funding?

NML Price at posting: 6.8¢ Sentiment: Buy Disclosure: Held
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