As I understand listing on the Hong Kong Exchange is very different to listing on the ASX in Australia . The procedure involves obtaining approvals for the listing from the exchange and once they have ok'd from completing its own due diligence they can proceed to listing .Never a given but the project is obviously real and importantly , can prove the funds are available for the deal to proceed .
This due diligence by the exchange can take time but is the next hurdle to cross . Cant see it not getting the tick .
Never know when it gets closer to the end we may see the Brazilian Company ,{not sure of the name}, that offered 77c but withdrew pop up again . My guess is they may still be watching . All my own thoughts .
I will be holding at this stage but the risk of buying is slowly reducing indicated by the stock support .
next step
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