NXR nemex resources limited

excellent drilling report, page-9

Currently unlisted. Proposed listing date: WITHDRAWN
  1. 248 Posts.
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    Hi BOZ your right with FMG raising capitol in July 2006 and their first shipment of iron ore was loaded in April 2008 but there is a vast difference to what NXR have at the moment and SDL have.Twiggy managed FMG resources far better than management of SDL.FMG were signing agreements with Hebei Wenfeng and Ping Xiang Iron and Steel as far back as October 2004 for the purchase of their ore,this is what SDL should have done .The positive for NXR is that there are a small number of shares and only a small area has been drlled so far.At the current price i will be willing to take a long term risk,it will take time and the management of NXR seem to be very careful with their expenditure.Regards Doggiedave
 
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Currently unlisted public company.

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