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2.7¢ goldoz limited

Mozambique >> New Ruby...

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drillinto

1,201 Posts.

15

11/02/19

23:36

Post #: 37404625
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Originally posted by Davisite: ↑

You forgot the 40 odd blood diamonds they have sitting in a safe somewhere that can't be sold because Mozambique is not part of the Kimberly process.

I am amazed that anyone is buying this at 3.3c. By the time Arena is finished with NXE there is going to be no value left in the shell and it reputation is not going to be attractive for anyone looking to backdoor into it. I guess the >$140 million in accumulated losses might be attractive to someone.

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Mozambique >> New Ruby Miner:

https://mozambiqueminingpost.com/2019/02/08/mozambique-mining-gemrock-acquires-regius-group-to-become-2nd-largest-ruby-miner-in-country/

NXE Price at posting: 3.3¢ Sentiment: None Disclosure: Held
2 Upvote

0 Great analysis

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