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NXR nemex resources limited

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NXR rise, page-4

Currently unlisted. Proposed listing date: WITHDRAWN

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JPMax

2,370 Posts.

10/05/15

22:04

Post #: 15251508
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Originally posted by gamefisherman ↑

Seriously Jimmy show some respect. You had your turn with your thread; now please give js a turn. Others have liked it already and you might actually learn something new from other shareholder responses. So please zip it for a bit ok, so others feel comfortable to post. JS's post actually brought alot to the table for me personally.

@jakestevens99 Thank you for sharing that information and you are spot on the money. NXR ticks all of those boxes and that is why so many investors have recently been accumulating as the Final Phase is about to be wrapped up. It is these Fundamentals that have been driving the forward momentum of the companies share price. This is despite the XJO and XAO taking a beating. Add to this the recent dilution from option conversions, and the NXR share price has still managed to provide further upside under both challenging macro and micro events. The multi-biometric authentication system that has been invented now combines the features of the cornea with key features of the iris using a single sensor to capture multiple components of the eye. This Biometric system created by WBT and backed by NXR is entirely unique, as it captures the identifying features of the eye while ensuring that the eye is from a real human, serving as a built-in “Liveness Test”. Add to this that the Tech is “spoof proof” as Stephen calls it, and is also able to operate in the visible light spectrum. Simple, efficient and quick to use that protects a person’s identity.

In terms of the independent testing, even if it comes back that a tweak is needed, as from memory it was tested sometime at an overseas university; I would not see that as a failure. Merely a chance for some independent body to say, this part of the Tech needs adjusting and then it is ready to go to the market. Either way I see WBT and NXR winning from this independent testing. If they pass then it is on to the next step, commercialization. If it needs a tweak, it is back to Aussie, into the lab for a fine-tune ,and then back to be tested again. After 12 years however, I would be somewhat surprised if it did not pass however, that is as plain as I can put it.

No other Multi-Biometric Solution of this type exists anywhere in the World or comes close. It has taken 12 plus years of sheer genius, a touch of luck, and many many hours of burning the candle by numerous leaders in their respective fields to arrive at this exciting point. The time where both potential commercialization, and Tech confirmation is achieved.

I have no idea at what level the market could value NXR at, assuming that the independent testing from one of the World's Leading Biometric Testing facilities is successful. However I do think that it is safe to say that if you think deeply around what WBT and NXR have created, and then add this Independent testing confirmation, in my opinion the insto's bulls will soon charge the doors. Taking it a step further, and assuming that NXR exercise their right to increase their interest from 40% to a controlling stake of 51%, then that alone would be yet another catalyst that pushes the market cap of NXR higher. Add all of this together with just 1, yes One MOU/partnership, licensing agreement etc, we will not be talking about this stock as a small cap anymore.

I actually share the same feeling that @The Stig recently posted, stating that he felt something is brewing. There has been a sustained and deliberate accumulation of the stock over recent times and some quite noticeable changes to the way in which the stock has been traded.

There are loads of threads throughout HotCopper where shareholders talk about their "story" around why that particular stock will do well, most with level headed and constructive conversation, some with none just plain greed and blatant baiting. The NXR threads actually formed a small part of my initial Fundamental Analysis as I noticed that there were other shareholders that were willing to share their own research. This has continued and the depth of knowledge that has arisen as a result of members combined research around Biometrics alone would rival some of that found in smaller broker houses. Whilst confirmation is pending, and after more than 12 years of research and product development, peer consultation and review, the Technology that WBT have been able to create is getting closer and closer to becoming a way in which many across the globe may interact with their mobile phone which has numerous extensions from there. Now whilst some whom are not deeply involved in this story may be sceptical, or not so sure about what this all means, as it took me a while to get my head around the Tech and its Potential, please come back with any queries around this Tech after watching the following short explanation around what Stephen and his fellow colleagues have created and post your questions in this thread, and shareholders I am sure will do all they can to point you in the right direction in terms of providing information. The link is www.wavefrontbiometric.com.

As a shareholder, of course I am bullish NXR. At this point there is nothing I can see that would suggest otherwise.

Best Wishes
GF

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Well done game fisherman. A brilliant, intelligent and well written post. I believe one of the best I have ever read on hotcopper!!! I'll just say ditto to what you said as I totally agree!!! Take care

NXR Price at posting: 9.5¢ Sentiment: Buy Disclosure: Held
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