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29/11/18
10:06
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Originally posted by Davisite
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Yep. Fura are 100x smarter than the directors of NXE. I have been keeping an eye on Fura and I am very close to investing in them. I wanted to see them list in London first, but maybe I will just have to buy now. They appear to be everything I hoped MUS would be.
NXE shareholders you now only own 40% of an undeveloped graphite/vanadium deposit in Mozambique. With luck Arena will take a lower amount of cash than the $5.1 million they are demanding. I guess it depends on how pragmatic they are or if they are mega PO with NXE. While not much, there is a slight glimmer of hope now.
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I'm sure Arena will only take the principle plus interest which has probably already been agreed on hence why NXE have only requested 2.8mil from Fura.