NRZ 0.00% 1.3¢ neurizer ltd

Ann: Quarterly Activities Report and Appendix 5B, page-83

  1. 196 Posts.
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    Hi Nav,
    My interpretation of bringing the PPL forward is that all LCKs potential JV partners said "yeah, okay, looks good, but there's a regulatory roadblock here which may become and issue. Come back and see us when we know you're able to produce". So it's now become a priority to them.
    In saying this, there's no better time than now to get these regulatory road blocks removed. I removed my share holding from LCK and put it into RXM as I felt the time was right for their PEPR to be approved (which it was approved shortly after). I've now removed profits from RXM and put it back into LCK.
    I originally bought in at 8.9c in 2018 and thought it was a bargain then. Considering the derisking that has gone on since then, I'm happy to have bought back in at <10c.
 
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