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NME have now advised the market they were unable to place the...

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    14 Posts.
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    04/03/23
    01:49
    Post #: 66597067
    NME have now advised the market they were unable to place the shortfall, raising further doubts that they can continue as a going concern.

    As noted by both NME in Dec 22 (response to asx queries) and indicated by MCT as early as July 21 (Champion grades announcement), NME can elect to reduce their equity in the JV if they’re unable to meet their obligations.

    I look forward to when MCT has 100% ownership of the Kookynie and Yundamindra projects.
    MCT Price at posting: 0.3¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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