Thanks for sharing, similar to the info that I posted awhile back and was slandered by some here.
“My understanding is the vendors were offered 30% of the project in return for signed and executed tenement transfers etc, which was refused. Not a good look, 30%, then negotiations ceased and now the waiting game in a foreign land and court. SAD”.
FYI, The vendors wanted a lot more than 30% and a rejection of 30% does not auger well for NLI shareholders, IMO.
A very messy situation indeed and sounds like there is still a lot more to it than what has been told to shareholders, in regards to the vendor negotiations and pre-court offer.
No down ramp, a holder and was just sharing the info with the HC club.
Oh well, Portugal 70% of something I guess may have been better than 100% of nothing. Strike two, looking forward to the AGM. A most reliable source ...sharing is caring … Good luck.
NLI Price at posting:
4.5¢ Sentiment: None Disclosure: Held