NXR nemex resources limited
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Will WBT have the funds to progress

Currently unlisted. Proposed listing date: WITHDRAWN
  1. Bluey
    210 Posts.
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    24/11/15
    11:43
    Post #: 16463260
    The original deal, from 30/10/15 announcement

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    Now the announcement today

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    A couple of questions come to mind if the latest proposal gains shareholders approval

    1/ WBT will carry a loan from NXR of $0.95 m
    2/ WBT will not receive direct funds via the proposed NXR share purchase
    3/ Has WBT got sufficent funds to progress the technology
    4/ If not where will the funding come from and at what price
    NXR Price at posting: 2.4¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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