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

NRZ

Click for more information

0.00%

0.4¢ neurizer ltd

Ann: Private Share Placement, page-67

First 67 Last

Share
Profile

Follow
Radosin

71 Posts.

7

17/05/23

21:06

Post #: 67830562
Share

Originally posted by CheyneD: ↑

Agree completely. Don’t forget that Daelim have been basically completing the BFS (>$20M) in lieu of receiving payment at some point … whilst holding a $15M equity stake that’s now worth maybe $6M.

CNE also haven’t sold a single share.
Both have board seats.

The signs are there, that those currently involved behind the scenes are still confident. I know that Justyn is working hard to get result.

But you cannot deny that some of the pain could very well have been avoided, and has been self inflicted.

I do also concede that the company has, albeit on a questionable schedule, kicked all the goals they’ve set out to do …. Some which were quite phenomenal (the PPL for starters).

I’m optimistic, but I know there will be more pain for the SP the longer this drags out.

The good news is, expecting preFID funding and more, is that we should have a few very active months of news re BFS etc.

That’ll be a much welcomed change.

Cheyne

Expand

I think the timing is also important given that global urea drop that fast (now start to pick up), not sure how this global urea price drop would affect overall BFS. but again IBFS is at USD280 while current at USD350~.

NRZ Price at posting: 5.9¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

PR1

Nanocap Pure Resources acquires Reedy Creek garnet project, WA

MKT

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

PRS

Prospech finds dynamite heavy REE grades from historic core in Finland

Trump is President Again: What Does This Mean for Crypto?

There are more pages in this discussion • 45 more messages in this thread...

First 67 Last

Add NRZ (ASX) to my watchlist

SPONSORED BY