Regius has a hold on everything IMO due to them having the MOZ contact on board etc. The sneaky SA would have something in there that would prevent transfer happening etc IMO so arena would get stuff all of if they got it it would be worthless and revert back to regius who would then deal with Fura again. .All t takes is the word to happen in Moz . We all know who controls regius. MOZ is not a level playing field.
Fura have nothing without lease so are now doing everything possible to get it clear of the trainwreck that is NXE. What amazes me is that NXE have Fura over a barrel in many ways and on behalf of NXE shareholders they haven't even managed to have any leverage on a successful ruby business by fura by a long dated option or the like. So NXE managment get $ to spend and to save their butts ( they still have exposure to fura via lease and ownership of regius plus cash they already got ) and shareholders will just get diluted with next raising with chrrr ching .
NXE Price at posting:
4.9¢ Sentiment: None Disclosure: Held
