I'm amongst those that would like an update at least every day, possibly twice a day on how we are progressing but need to keep in mind that our directors have a great deal of skin in the game. They have a bigger interest in the share price than us and are in a better position to assess what to announce to market to secure a genuine rerate.
They have done it once already this year, from .1c to .4c now which seems a solid support, even taking into consideration the extra dilution on account of the CR.
We can't stay at $6.6m MC with an operating gold mine surrounded by gold veins and Tasmanian tin projects in a tin boom.
NIU Price at posting:
0.5¢ Sentiment: Buy Disclosure: Held