Not to get way to ahead of myself, as well all no that success is far from guaranteed, but, for example; FMG (now priced at around $4.00), conducted a $3.2 billion capital raising in 2006 and were producing ore in 2008.
Nemex, as opposed to FMG, has to spend very little on infrastructure to commence operations, so, once the funds are secured, I don't think it is unreasonable to expect an extremely dissimilar timeframe.
On the other hand, there is SDL, who has a comparable resource to Nemex, but in a difficult to access location! They have reached a share price as high as .84!
This is my opinion based on my own research, and I am happy to be a long term holder for a company which has potential to be one of the big boys!
Not to get way to ahead of myself, as well all no that success...
Currently unlisted. Proposed listing date: WITHDRAWN
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