Hi Leroy, i think that they have enough cash to drill and get the first maiden JORC on the table which should get the company rerated, by the time the JORC is delivered the cash will be getting low so they will need to really try and get the price well above 5c to avoid massive dilution at 3c or so.
I cant understand why the market didnt rerate the company on the discovery, the company has a tiny market cap and the market dosnt care about it. The company has had countless presentations and nothing has helped to get the price up, it makes no sense.
- Forums
- ASX - By Stock
- NUP
- anyone called/emailed nup
anyone called/emailed nup, page-14
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NUP (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online