To do with the closing of rights issue today and it's probable result by today or tomorrow.
Although I understand there is scalability within N-L I cant help think of the importance of the lethal Storm40 ammo getting it's certification so as the same weapon can go the full monty, I'm taking into account the wording of :- MST non-renounceable
pro rata rights issue to raise up to
A$3.0 million
Brisbane, Australia Thursday, 15 July 2010
P14 3.3 Product development and use of funds.
Also urgency implied with:- CEO Bulletin 2 Sept 2010
The following is pure speculation on my part but I get the feeling there are orders in hand for 40mm weapons system or as good as pending the Storm40 ammo certification and as I understant it part of this capital raising is for this purpose, just some thoughts, perhaps obvious ones to some?
Cheers,
mrdog.
PS:- had some thoughts as to what spodwyer on SS may have been eluding too but absolutely pure speculation on my part
so if any interest shown I'll post.
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