NXE 0.00% 2.7¢ new energy minerals ltd

Ann: Agreement to sell remaining 50% of Balama Resources Pty Ltd, page-91

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  1. 42 Posts.
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    And if there is anything left over as a dividend to SH then he gets some of that back again. Clever play, he sniffed out a desperate board and new CEO from early 2018 and saw it through.

    An opinion I heard this morning was that it was the whole bringing in the father-in-law that telegraphed the end game. They were never going to scale that back from that point on with a board interest, despite only having a finance option to get rubies into a first round play and nothing else in the cash pipeline, Disposal of rubies and a desperate lunge for the finish to find a bright-eyed brownfield investor which failed. Looking back, they tried to not disclose the relationship didn't they?

    So where are we all going to post our ruby updates in the future? The MUS Club of burned investors has to live on somehow as it all plays out, This gemstone sector is too much of a fun distraction from day to day stuff to die off. Not while the Great Game is still in play anyway and some vicarious wins are possible if you are not in Fura now.
    Keep it here and continue to haunt?


 
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