I have just read the first analyst valuation post nmc's merger negotiations.
It values NMC at c$1.85 post consolidation, which equates to a 18c valuation of nmc at current pre consolidation capital structure.
The valuation was done by www.mininginsights.com, a canadian independant research company.
This is great news for shareholder, and the move back upward this afternoon seems to support the positive sentiment that is starting to arise.
Further more i have heard that NMC will have a roadshow in early 2006 in the east coast of Australia so this should also provide strong price support for NMC.
If anyone wants the research, they can message me.
Awok
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