NRU newera resources limited
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xindangonzuiahao, page-3

  1. 88aaj
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    01/11/13
    16:03
    Post #: 12519435
    There are NO listed options for NRU anymore. They expired in June 2013. The Option to which I believe(xindongzuitaohua)is referring is the Option that Newera holds on the Shanagan Lease. That is they have until end of November 2013 to pay 1 Million USD to take up the Option to own 80% of the Shanagan project. Based on quarterly cash flow, they DO NOT have the cashflow to pay up on this Option..... I hope that answers your question. regards.
    NRU Price at posting: 0.6¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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