Ann: MD's Company Update - December 2021, page-51

hey @JandJ

That's a solid buy there, a shame that the magic number for the average wasn't something like 7.5 - what a great buy for whoever jagged the lows today. That will play out very well in a few months time.

I think in general we're in sync here. Essentially the bad news is all out there now so it's back to onwards and upwards, probably with a bit of a plateau until it's clear that drilling is starting at Frewena but I'm still very hopeful about what the NDIBK004 assays could hold.

And @Kalenn, with a bit more thinking time, I'd say you're probably right that the price could appreciate ahead of drilling. Sub 10c is not likely to be the launch point when that commences, having already been to mid teens on the back of ET news this year.