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A bit concerned the sp is taking a downward path.
Many shareholders are going to be slightly concerned especially if they were involved in the champagne celebrations by the bod and subsequent duster at the buffalo oil field.
This is a completely different scenario.
Would be good if anyone in Germany could see if anything is happening at the oil well.
I'm sure everything is OK and it's just the timelag since the last update is worrying a few investors.
The liquidators are holding LDP' s shareholding in NXT Tec until the time comes to cash them in and return the proceeds to shareholders.
This can really only happen when NXT do an IPO.
We hold about 900,000 shares.
The company seems to be gearing itself up for an IPO.
Our investment is safe with the liquidators.
It is just a matter of how long we have to wait until it can be monetised and returned to shareholders.
Although neil got his salary etc at least he did manage to acquire the investments that the current board have spent the last 5 years selling.
You couldn't make it up if you tried.
I was thinking more 24 minutes and that includes commuting from the bedroom to the home office.
If everything goes as planned we should be £1 billion plus mc in about 2 years if not sooner.
The stock market usually looks months if not years ahead.
Just need this financing sorted and the rest should just slot into place.
Where has the initial $3 million gone?
Where are all these money making investments that they have paid for due dilligance on?
What are they doing day in day out?
How can they say they are running the company for the benefit of shareholders?
Would probably need about 25p to break even so only 99% down.
They should be ashamed of themselves.
Seems any company doing business in Africa has to endure long drawn out legislation rules and regulations.
What with corruption and war not a good place to be at the best of times.
As a scir shareholder i know that all this waiting does nothing for confidence.
We have to hope that the financing is sorted soon.