NRU 0.00% 5.5¢ newera resources limited

Ann: Investor Presentation, page-4

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  1. 683 Posts.
    1.If project is so good why is vendor giving it away for chump change? 2. there is no Jorc compliant resource,so the market really does not have a clue what is or isn't in the ground,only managements word,and we all know what that's worth with this company,stuff all. 3.nru already has over a billion shares on issue and is going to further dilluted with another 750 million shares plus free option which if exercised will create even further dilution.do even if their is any mineable zinc here and they do actually mine it,the profit per share will be minimal with so many shares on issue, therefore making each share worth bugger all. no the only ones that will benefit fro this r the directors who are using this zinc 'project' as a carrot to attract the gullible to invest and pay their wages.4 Why does this reminde of the fanfare when they announced shanagan and then Ulaan Tolgoi and we all know how they turned out.This will be another dud!
 
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Currently unlisted public company.

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