Unfortunately potential, promised or nearby infrastructure gives the others a head start over NMR at this stage, I would have thought, having said that, this is one stock everyone who holds it longer term, picking it up cheaply along the way will be very glad you held it for the longer term. The resource is very well positioned not that far from Gabarone, the South African border, and will almost surely be very close to a trans-Southern African railway line that will most certainly be constructed. Sundance Resources (SDL) never looked back as soon as infrastructure money and plans were revealed, that type of announcement will rerate the stock like you wouldn't believe NMR reminds me so much of SDL with 25% of the outstanding shares IMOO. Plus much more area yet to explore!
NMR Price at posting:
5.1¢ Sentiment: LT Buy Disclosure: Held
