Namibian Resources - Re: NBR Stream Log - FACTS 4.75 was paid by...

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15:18 25/03/2015

FACTS 4.75 was paid by directors but as has been correctly pointed out this was to avoid tipping Lord Sheppard over 29% ownership etc etc. Publicly NBR have stated intent to purchase an assett. They are in talks. But we dont yet know when a deal will be done. Acquisition could require finance. This could (and has) moved on speculation in the interim but IMO its the next RNS which is key and if it's good news then we should see results, DYOR maybe speak the BOD ? I spoke to Brian Moritz and he was a pleasure to speak to. His hands are of course tied in terms of what details he can provide but i'm invested here and wanted to ask a few questions as part of my research.

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