A further bunch of stale holders who would probably not bother selling - soaking up more issued NMR's.
Newly issued shares not likely to be sold until SP heads north.
Free float at $15/16million market cap (maybe $7 million worth at 4 cent) will evaporate once buyers move in.
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MARKET SENTIMENT.
Share price hardly moved a muscle a last announcement (market may not have time to understand the news? Need JORC for bigger brokers to care?).
Lot of traders brokers away.
Load of anticipation built into this one.
Like you said Bahar - NMR mentioned all over the "Picks for 2012", "2-3 bagger" type threads - will buoy up the price if for real with small fish like me holding a few.
NMR burned into a lot of brains since November.
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FACTS
Cheap compared to peers in Botswana.
Increase in JORC highly likely.
Specimen Reef may add value?
Low cash burn rate it seems.
Botswana Government due to announce plans soon.
Low dilution from TRIPROP and oppies ahead so far it seems.
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I like too!
bsh
NMR Price at posting:
4.3¢ Sentiment: LT Buy Disclosure: Held
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