NXE 0.00% 2.7¢ new energy minerals ltd

Ann: Amendment to Fura Gems Merger of Ruby Assets Agreement, page-49

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  1. 10,813 Posts.
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    They don't have $4.5 million as $3.5 million of the Ching deal has gone in to the subsiduary holding the graphite leases to build the pilot plant. They have somewhere around $1 million and need to come up with at least another $5 million to fund their share of the pilot plant (oh and keep the lights on).
 
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