some serious accumulation going on, page-7

sailfish

I was originally under the impression that the resource would be purely marketed as a export play.

However, on reviewing the previous NMR presentations and talking to Chris, it is quite clear that the scoping study and sales pitch will also focus quite a lot with the local Botswana demand.

Power for the country itself to break from imported energy from South Africa. Power for the ever expanding mining industry in Africa. NMR coal will burn to provide energy for all the other gold/mineral explorers one day too???

The scoping study in January is going to be one interesting read.

Could be some serious bidders as/if this takes shape.

See link for the NMR speel...

http://www.nimrodel.com.au/media/files/111025_NMR_Announcement.pdf

And as Jus says - we don't mind if they sell it before that ever happens - as long as will a make some $$$!

Some longterm hollders here on the top 20's - from 30cents and above. They might just want to be back in profit too.