Not sure what you mean .of (Chainsaw) '....having the same wanka as usual...?' But I think Chainsaw is completely correct. This will dilute the company incredibly. With no JORC compliance who knows if there is anything commercial there at all? Also what is in this for the lead broker DJ Carmichael? What are they going to do with 750 million shares and 375 million options all acquired at .002? Are they going to keep them or sell at .003 for a large profit? If they don't get rid of them all perhaps they could wait for the inevitable consolidation and then sell to the fools who buy into the predictable but inevitably short lived spike in the SP when it resumes trading post consolidation. I wouldn't buy in above .001 under any circumstances whatsoever.
Regards,
Chilloutman
NRU Price at posting:
0.2¢ Sentiment: None Disclosure: Not Held