i don't think we will see much buying on the share price front until a deal for funding is negotiated. this is a big capital investment project so the devil will be in the detail.
with wonarah everything else is ready to go but without money will go nowhere.
NMDC will negotiate hard and if this falls over then we are back to square one, this is the biggest risk. Management haven't done very well yet on getting any large cornerstone investors in on the project and look at failed verte attempt at getting money, granted a tough economic environment.
Flipside is that they agree to funding package and way we go. :0)
anyho i have been in this stock to long and let my 75c options laspe long ago
DYOR
sick, page-4
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