Under the November agreement, a small clause does say that for the ruby transaction to finalise, NXE has to be a solvent company. Now with no payouts coming from the ruby money to shareholders, it will have to hang on to the V money a bit longer. Does that mean that if in the Arena case the judgement and costs for both sides are high and the whole thing looks risky, Fura can opt to delay, renegotiate or walk from the November agreement?
NXE Price at posting:
2.9¢ Sentiment: None Disclosure: Not Held
