Stig and @ozexplorer I would hazard a guess u r correct Stig....

Stig and @ozexplorer

I would hazard a guess u r correct Stig.

WBT not covered by ASX list rules but still by the Corp Act as a private Co.

I presume, right or wrong, that ducks are being lined up and as such a WBT meeting would be required prior to NXR meeting which will, as Oz suggested, be normal(ish) ASX time in Nov / Dec.

This will allow the WBT board spill and appointments as listed on the last announcement to hopefully be effected.

A Sect 249F allows for a meeting to be called by SH's holding 5% which in this case may be some who post here as well as others as indicated in the Ann. as NXR joins with them to create the necessary changes.

A 249F circumvents an existing Board so I am again presuming some very adept maneuvering going on to remove some who may not be aligned to the greater interests of the NXR SH's....maybe just their own interests.

That would in essence and imo, allow NXR control over WBT and effectively our future as SH's.

All the best to the team working behind the scenes and I for one believe they have all NXR SH's interests in play here.

Summary of 249F...point 2 page 3.

https://www.google.com.au/url?sa=t&...CC4wBw&usg=AFQjCNFE_ceNZpIAXO8_kEOshIl3-_Wfeg

Actual example in use.

https://www.google.com.au/url?sa=t&...CDIwCQ&usg=AFQjCNH1EVwFbo2hvGom-_1u4YRoFdVkUw