I've taken a position in this stock during the week. I think they have done a great deal in getting their foot on up to 51% of a company whose technology could be worth several hundreds of millions of dollars by the end of 2014 or early 2015. As Gizzard says, if successful pilot testing results come through in July/August then I would expect those 5c options to get in the money as there would be a lot of expectation building towards the end of years results. Definitely a great punt at these levels, NXR trading near shell value with huge upside potential!
Ann: Investor Presentation , page-5
Currently unlisted. Proposed listing date: WITHDRAWN
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