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Newfield Resources Delays Sampling and Navigates $10M Loan Amid Octea Dispute

6:41pm on Sunday 1st of June, 2025 AEST Mining
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Newfield Resources Delays Sampling and Navigates $10M Loan Amid Octea Dispute

6:41pm on Sunday 1st of June, 2025 AEST
Key Points
  • Confirmed $10 million loan facility with Wonder Holdings remains undrawn but immediately available
  • Bulk sampling at Kundu Segment D postponed pending joint development arrangement
  • Ongoing dispute with Octea Limited impacts project valuation and development timelines
  • Company maintains compliance with ASX Listing Rules despite financial constraints
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