Noone knows what the weather will be like, but the last end of January quarterly and the drilling announcement made no mention of rain during that quarter. They were installing equipment last December also.
It has become apparent that there are many other targets that require drilling, apart from the enterprise system. Once a JORC comes out, there is a lot of scope for expanding on that. They will reach a point where they reach the monthly targets and then can commence expansion. Its getting that foothold of steady production and then it is blue sky.
Particularly, that 1km gold/copper anomaly at Bolobip.
NIU Price at posting:
0.5¢ Sentiment: Buy Disclosure: Held
