The $1.5 billion the Chairman of NTM is rightly talking about in this interview equates to $15 per share!!! The current share price is only $0.038c. Whatever compensation is received from the NT government it will have to cover the majority of the economic opportunity stolen from NTM shareholders by the govt decision, otherwise it will influence foreign investors to depart from the Australian resources sector, a result which has vast consequences for the whole country. The NTM Chairman and Board should be congratulated for pursuing this an dnot just taking it on the chin.
http://www.abc.net.au/news/2013-06-14/-northernmanganese-daws/4753912
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5 | 4864166 | 0.002 |
4 | 7133333 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.006 | 1791324 | 7 |
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0.008 | 997545 | 1 |
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