Australia's largest stock trading and investment forum Australia's #1 stock forum

NRZ

Click for more information

0.00%

0.4¢ neurizer ltd

Hi Navigator I think you are correct, Phil Stavely encouraged...

First 12 Last

Share
Profile

Follow
Ashes86

460 Posts.

118

05/10/17

14:23

Post #: 27685131
Share

Originally posted by thenavigator ↑

Thanks Ashes86...that is very helpful indeed.

I think to add further to the above discussion...my understanding is that the General Meeting on the 13 October is absolutely critical to underpinning the finance and commencement of the PCD.

Essentially, if China New Energy Group are not voted in positively for funding on the 13 Oct, then the PCD will not occur until alternate funding options are sought or re-negotiated.

This is why they released the Letter to Shareholders....to encourage them to vote no matter how many shares you hold.

I think there is some concern that some of the voting will be negative based on previous shareholders who were happy to issue 249D Notices.

I am voting YES.

We don't want to delay this any further then it has to.

Expand

Hi Navigator

I think you are correct, Phil Stavely encouraged all presentation attendees to vote yes.

I cant for the life of me work out why the approvals documents haven't all been submitted, the only reason I can think of is that they absolutely need the remaining funding to come through to sure up the PCD stage.

I too will be voting YES in the upcoming vote

Cheers

LCK Price at posting: 13.0¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

OCT

Octava Minerals joins the antimony train with high-grades on the radar at Yallagong, WA

SHN

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Tonight's US CPI data could set the tone for November. What are markets expecting?

RAG

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

ARB

Court process clears way for ARB to buy up 4 Wheel Parts business in the US

IMA

Issues emerging as Australian companies tackle critical minerals challenge

NWH

NRW Holdings inks $109M deal with BHP for works at Jimblebar

ARV

Smallcap Artemis Res' jumps 23% on six digit gold grade rockchip find at Titan

There are more pages in this discussion • 1 more message in this thread...

First 12 Last

Add NRZ (ASX) to my watchlist