........so that means???

Fraud?

If the 10Mil has not actually been received, that is surely fraud one would think.

Is it reasonable to suggest that Dykes, with 15 years experience advising companies such as BHP, Telstra and Boral, and a Fellow of the Tax Institute of Australia, would commit fraud (risk a potential jail sentence) to make a fast buck?

This just doesn’t make sense to me.

If the 10 Mil has been received, that means that the China deal is an actual deal, and not a figment or fabrication.
Payments are late, -hardly surprising.

I was working in Malaysia with an Australian based company trying to get payment from a Malaysian government owned company –took months to get full pay. No malice involved –just very good at delaying.

Have NBS been careless with detail? Probably! Deliberate or unfortunate? I don’t know.

Have events not transpired as they had hoped? Definitely.
Is the company a complete scam? That remains to be seen –but it doesn’t seem logical –otherwise there would be no money from the Chinese company.

With the AGM fast approaching, there should soon be some answers.

“Given the current levels of inaccurate speculation” is pretty clear language. If you are prepared to announce this statement, then I would think that the speculation must be inaccurate and I look forward to the inaccuracies be spelt out at the AGM.

I currently hold and I hope there is some good news.

I’ve been wrong before, but on evidence it seems oversold to me, (note -I give no recommendation).
Interesting times ahead.

John S.