Monday, January 28, 2008 6:24:24 PM
As for these negotiations..it takes time...these are multi million dollar contracts with serious health and enviromental consequences...the egyptian EA also went to Germany in Nov...yet i don t see any German company get a contract?
As for the NASD giving them the uplist...well it takes an average of 120 days..so we still have a week before we see that..and can take up to 8 months if they hit any snags...NNRF has no controll over it ...
the RTS listing...still the problem is its a repatriating of Russian assets...basicly stated Russian assets that listed on a USA exchange now trying to list on a Russian exchange...the RTS has to be clear on how TAX rules apply and exchange rules apply...its being worked out...no worries..
As for all the yapping about Nucap and remiedeation projects..first off nucap is a 3 part process..if its not completed correctly lives are at risk,not only that but they need to adapt it to a remote spray application...have you ever used an airless paint sprayer?...the damn thing clogs every 10 minutes even with premium paint..and i am not sure if these project are ready yet for the Nucap application...the fact they ve been testing it in OCT-Nov tells me they are serious about an upcoming contract.....there is no rushing anything in russia...
As for NNRF closing deals...i will wait and see...as they are working on many fronts...and Manegement on the russian side has undergone major changes to accomadate growth..i think any of these issues will be addressed soon...
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