Ann: CAPITAL RAISING SUBSCRIPTION AGREEMENT, page-27

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  1. 37,911 Posts.
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    what's up? as I posted:

    1. SXX is a corporate shell, which had $2m market cap & at least $5m in net assets

    2. major asset is mortgage loan over freehold land in Fiji, worth $7m but written down to $4m

    3. other assets include part-interests in listed uranium projects (incl with EME)

    4. sophisticated money has been moving into SXX over the last 6 months

    5. new DTR relationship points to mutual dealings, merger &/or new project acquisition

 
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