18-20 cents for institutions, page-2

Mikayla - may I say you are full of it. The recent Ambrian report smells of a capital raising ploy and this would explain the recent softness in the SP. I am suspicious we are going to get a placement announced fairly soon to UK investors and as a result some short term weakness in the SP. Nido needs a lot of money soon for the development/exploration projects and they have clearly stated that they will be raising capitial through debt & equity. Either be ready to sit tight to weather a bit of a squall or bale now in the hope of repositioning at around 12 -13c