Re native title, had my question answered, they don't have the funds to proceed any further.
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Duncan Taylor
Tue, Mar 26, 11:00 PM (23 hours ago)
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Any chance of an update re native title? Has it been put on hold until we are bought out? Or is there a chance it can be signed off/ Thus forcing a better offer
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Chris Tziolis
| 12:06 AM (22 hours ago)| |
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to me
[/table] Duncan,
On hold. We don’t’ have the capital to pay the upfront payments in it and in any case the project may look different under new owners so current draft will need to be reworked.
Even if it was signed , I doubt it would have any impact. For example, the share price went down after announcing environmental approvals and conditional loan from NAIF. Many retail shareholders see news as an opportunity to sell.
VRM Price at posting:
3.0¢ Sentiment: None Disclosure: Held
