G79 0.00% 2.7¢ goldoz limited

Ann: Strategic Investor, Equity Placement & JV Partner for Caula, page-75

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  1. 5,077 Posts.
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    I still am a bit baffled as to all the doom and gloom. 8 days ago the company announced that it received bad news in that Arena want $5 mill. But will this bring things to a halt or will management find another source of funding? Will the final amount be $5 mill or the $2.5 mill that was never in dispute. Thing is we don't know and we will wait for an outcome. Downside NXE runs out of money and shuts up shop as do lots of speculative companies. Upside is that they get some production underway make money and we all pat ourselves on the back for our calmness under pressure. One certainty is that at current price they are cheap.
 
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Currently unlisted public company.

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