NXR nemex resources limited

Ann: Quarterly Activities and Cashflow Report-NXR.AX, page-6

Currently unlisted. Proposed listing date: WITHDRAWN
  1. 8,530 Posts.
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    Hi @FullMoonFever
    Good to see ur as optomistic as ever.
    Just on Purdue, the Australian tech developers advised further refinement before tech be resubmitted for testing....this implies a lengthy term required to ensure clarity....not a month....bear in mind they have been on this for a year now.
    I think this time next year is possibly right as mentioned by Masons son.

    Relist also would depend on CR for change of trading terms from miner to tech. Are these the submissions required? Company has provided no details. It would be nice if ASX sent holders thier interpretation as one would think they should have investors care at heart. Poor management and disclosure in my book.
    I also think the 51% is very shaky, maybe a power play behind the scenes from disgruntled parties prevents us just taking over and raising funds and move development more swiftly. What lm saying is surely the tech connections in China have the ability to "move forward" but we are restrained because some don't want international support. Of course it all depends on whether the tech is actually viable, but sitting in limbo as it is, is not proving an outcome.
    If management came out and said we need to raise funds to expedite the development because we believe the tech is viable and our research shows there is companies whom are willing explore the use of the tech for commercial applications......then I for one would be in support and happy to put in.
    It's what's needed, a management and board that has the balls to "deliver over rocky road" waiting is just a waste.....someone soon will steamroller with a better improved tech in the same space and all will be for nothing.
    Time is ticking
    Stig
 
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