The market cap of NME is now half that of its JV partner MCT.
MCT does not have additional assets beyond Kookynie and Yundamindra that could account for the $16m difference in MC.
NME gets $5m from MCT
The acquisition is a major step forward with our farm in agreement with Nex Metals Exploration Ltd (please refer to ASX announcement dated 6th May 2019 titled “Metalicity Farms Into Eastern Goldfields Gold Projects”) whereby acquisition and farm in activity by Metalicity, in the Kookynie and Yundamindra areas, is included and contributory towards our commitment of $5 million to earn 51%.
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Last
2.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.387M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 2.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.9¢ | 300000 | 1 |
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| Last trade - 16.21pm 09/09/2025 (20 minute delay) ? |
| NME (ASX) Chart |
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