NBS's responses to the Fairfax items surely will satisfy no one. What audience do NBS think they are addressing such that their comments today would be an effective response. The matters of substance probably should have been in the original release. Is ORBIS happy with this response - surely not. The response is so glib that they rather risk putting more petrol on the flames!
Surely one of the big issues is that appearance of a Mr Dunlop in several elements of this story. Is this in fact the same person? What is the history of UKI given it seems to be a reconstituted entity? Have any of the individuals /entities at any time had any connection in any form with the so called Chinese contract!
Usually in these releases they are keen to trumpet the experience & background of the main players - not in the case. Clearly the new NBS Director has not had any positive impact.
NBS Price at posting:
14.5¢ Sentiment: None Disclosure: Held