ERX 0.00% 12.0¢ exore resources ltd

Thanks for sharing, similar to the info that I posted awhile...

  1. 1,751 Posts.
    lightbulb Created with Sketch. 1072


    Thanks for sharing, similar to the info that I posted awhile back and was slandered by some here.

    My understanding is the vendors were offered 30% of the project in return for signed and executed tenement transfers etc, which was refused. Not a good look, 30%, then negotiations ceased and now the waiting game in a foreign land and court. SAD”.

    FYI, The vendors wanted a lot more than 30% and a rejection of 30% does not auger well for NLI shareholders, IMO.

    A very messy situation indeed and sounds like there is still a lot more to it than what has been told to shareholders, in regards to the vendor negotiations and pre-court offer.

    No down ramp, a holder and was just sharing the info with the HC club.

    Oh well, Portugal 70% of something I guess may have been better than 100% of nothing. Strike two, looking forward to the AGM. A most reliable source ...sharing is caring … Good luck.
 
watchlist Created with Sketch. Add ERX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.