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Good evening to you.
He reiterated the cost.
I don’t honestly think it was a big figure.
The easiest way is Leed reverse into nxt and then nxt list on the London market on aim.
They would have to pay the listing fees together with any other fees.
We would then own a proportionate number of shares in the newly listed nxt shares.
Follow the link on Leed website to nxt tec website.
News a couple of weeks ago regarding worldwide patent on flooring system can only be a good thing.
The Leed board are disappointed with the slow rate of progress but hope that it is not too long before building projects commence.
I hope the accounts include some indication of nxt current trading and timeframe for ipo and a London listing.
Regarding our investment in nxt.
Our shares according to Charles were purchased at an average of 31c a share.
Nxt are proposing a listing price of about $1.90 a share a 600% increase in our investment about .009p a share. A million shares would therefore be worth about £900.
Hopefully with the European patent in place business will be obtained and building projects will commence.
Hi Steve, Whe you chatted to Charles Zorab was there an indication that at some stage LDP would relist again? costs a bit to do I believe but given the 4m tax it would be worthwhile for someone. The shares of old which I can still see today would then be what? worth something you reckon? still would count as a Leed Resources share? I guess it must be for something and the company still going for a reason down the line you would think.
Ref nxt, I cant see anything exciting from them, I have written to them and although the response is professional it looks like they are dead slow and stop for progress. It was always a long wait game to see if we get anything back and not impossible I suppose but I thouight nxt might have been further down the road by now although I dont know enough about them and can't see much in the press or online from Oz.
Good evening to you.
The recent granting of the European patent is very promising news.
E mailed Charles zorab a couple of weeks ago. He said they were leaving accounts as long as possible to hopefully incorporate news regarding nxt.
IMO an rto is very likely as Leed would already have a London listing and about 4 million pounds of tax losses which nxt could then use against future profits.
Could be that Leed could hold the rights to the uk patents and earn income every time a sale is made.
Hopefully a much brighter future.
Good news coming - I can feel it.
Should be filed on time like last year.
Wont show for a day or so on companies house site.
Worldwide patent granted a few days ago for nxt building system. Look on website through leed link.
No results yet, looks like a big fine coming.
Hope all well.
E mailed Charles Zorab got a reply saying the annual results delayed hoping for news from nxt.
He says projects are in the pipeline and nothing really started.
I sincerely hope something happens here soon for the good.
With the bushfires last year and COVID this year we have been unlucky.
Still shows pre ipo fundraising on website link from leed and no news since March.
We should get the delayed annual results by 30th but not expecting much of interest.
Nxt are still trading and have a strategic investor that has so far invested $2 million aus dollars. So someone thinks it’s worth investing in. If the ipo takes place it will supposedly be at about $1.90 a share. Our investments were made at about 31 cents a share so potential 600% return on investment.
ATB.
Steve
Steve, can't find anything either on construction from nxt. Investment in nxt so small nxt hardly know them.
They did say that they would be completed by 31st July, although companies house have extended to 30th September. So not really sure.
Checked on nxt projects. I can find no evidence that any have commenced construction.
Annual results not due by end of July??