re: Ann: 4.23 Billion Tonne Inferred Coal Res...
Well, I'm in today at 4.7 was waiting for a pullback and while it could go lower at this price it is derisked a bit more. Gee, how many mining companies trading at 1. Much higher prices and 2. HOPE to find a resource would love to have the RESOURCE that this company actually has. Also how much more area does Nimrodel have to explore yet, especially with the other farm-in they've just negotiated? Thermal coal especially is in short supply and will continue to be so for some considerable time yet. The inferred JORC doubled the price but is still less than half of the 52 week high when hope but no JORC was the go. Be patient INVESTORS IMO this stock will reward the patient and Botswana is about as good as it gets in Africa.
NMR Price at posting:
4.7¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)