NXE 0.00% 2.7¢ new energy minerals ltd

Ann: Agreement to sell remaining 50% of Balama Resources Pty Ltd, page-50

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  1. 42 Posts.
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    I followed Zhou into a few shares in Fura. Can't complain at all about the recent upside. The bit I liked was that these guys were there for the build up of Gemfields but were also there for when Gemfields almost went bust and had to be bailed out. So they know the true costs of all of the actions. I have taken up the invitation to head down to Hong Kong at the end of the month and talk to the industry people there. Everything is speculative otherwise we just leave our money in the bank.

    As for these guys, cooked. Again. I feel sorry for the MD BO going three for three now, that will be a hard one to shake off unless there is a tell-all at some stage. Maybe the investor takes him on at Balama instead and he can see it through to next phases there. I can't see Arena leaving too many scraps on the table after they pull their due out of the now NXE shell.
 
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