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Nordex Explosives Ltd V.NXX

"Nordex Explosives Ltd is engaged in development, manufacturing and resale of explosives products in Canada."


TSXV:NXX - Post by User

Comment by withoutabiason Apr 07, 2014 4:58pm
88 Views
Post# 22422053

RE:RE:RE:RE:RE:Testing Patience

RE:RE:RE:RE:RE:Testing PatienceI had personally met the late Richard Johnson (when I was working in Australia) , the man who built Johnex. He showed me his operations, told me about the cost involved. I am certain that what Nordex needed was about a million dollars at most. And that's what previous Board raised. The privat placement after that had nothing to do with the need for capital, everything with getting control without paying takeover premium.

Very factual, not coming from any current or former Directors.
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