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1.9¢ navarre minerals limited

I totally agree, I would have thought that continuous disclosure...

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22/07/18

14:20

Post #: 34504083
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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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I totally agree, I would have thought that continuous disclosure should compel CYL to release, JV or not. I have expressed this to management and am waiting for an answer. If I am not satisfied then i will seek clarification from the ASX.

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