$1.8 million shell with an iron project that no one's interested in funding
first time mentioned in latest quarterly
Major holders:
Ashwarth Mehra - CEO Marc Rich trading (15.4%)
Carol Jenkins Barnett - Forbe's #1324 richest with net worth of $1.69 billion (9.8%)
Mick McMullen - Exec Chairman (8.2%)
Cash very dry - but shares on issue only ~70 million
Great opportunity for new placement in 2016 to raise capital for a new strategic direction
With both AM & CJB owning a total of 25% of this company, this one has every chance to be the stock of 2016.
NVI Price at posting:
1.8¢ Sentiment: Buy Disclosure: Not Held
