NRU 0.00% 5.5¢ newera resources limited

Not too many willing sellers as the due diligence timeline ends...

  1. 13,667 Posts.
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    Not too many willing sellers as the due diligence timeline ends next week. Im expecting a big announcement with historical data being released to market. This will only occur if they are able to obtain the waiver from the ASX to release the information.

    When we received the two price queries on late December and early January they mentioned in both queries that they were commencing a review of work undertaken to date. Lots of historical data for them to review.

    Then in yesterdays activities report they said they were continuing a detailed due diligence process.

    I feel that everything is still on track. There has been no major sell off. Right now im still very comfortable with my position and hopefully next week is the week for further rewards.
 
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