NPM has been very successful setting its share price with loan
security arrangements using LKO shres where it is the biggest shareholder.
The previous loan was corresponding to
current share value 0.2 AUD for LKO and 2 cents for NPM which has been
quite exact for NPM.
LKO in previous loan arrangement
https://hotcopper.com.au/threads/cheapest-lko-shares-0-02-cents-by-npm.7469788/
There may be insider trading and other unfair elements in these loan
arrangements by greedy looking NPM CEO and biggest owner
CEO David Mason just announced that NPM share price should be less than 1 cents,
and value of LKO should be 0.1 AUD.
That would be
A) the optimistic scenario of the biggest shareholder of LKO
and one of the biggest holders and CEO of NPM in range of next 2 years
Mason took 500 000 LKO shares as security for loan of of 50 000 AUD meaning share value 0.1 AUD.
See page 2: https://hotcopper.com.au/threads/ann-change-of-directors-interest-notice.7793995/
B) Apparently the same terms apply for the similar loan from Neil Francis Stuart,
a former director of NPM and the largest shareholder.
See release of January 8th first page, copy bellow
https://hotcopper.com.au/threads/ann-corporate-update-8-january-2024.7792204/
So it is a very strong message about the value of NPM
and insider knowledge about the lucrative Finnish gold term sheet
with the "Iranian oil rig man" assoiated company,
https://hotcopper.com.au/threads/87-million-fraud-by-mr-tabatabaei-of-enexd-newpeak-s-partner.7531098/
Las Openas dispute and so on.
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- Share value 0.1AUD as security of NPM insider loan
Share value 0.1AUD as security of NPM insider loan
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