NRX 8.33% 1.3¢ noronex limited

Ann: NRX Receives Commitments to Raise $1.5m, page-5

  1. 148 Posts.
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    Damn, 2.5¢ for only $1.5M is pretty disappointing to me, that’s roughly a ~22% discount.

    They’re flat broke, spent $1M last quarter, and with less than that in cash remaining. So if they continue the exploration frenzy, that’s less than 6 months of funding.

    We really need some good results, desperately.
 
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