Can I suggest that a little patience might be in order. One thing that was obvious from the comparison of peers share price performance (in the "zebra" document that so offended you) is the reality that African coal as an invstment sector is on the nose at present. NMRs best chance of turning its Botswana coal deposit into a winner in the short to medium term would have to be a development based on supplying the local market ie Botswana and SA electricity generators. This may be feasible and NMR are no doubt looking at it, but my point is that there would be no reason to make piecemeal announcements about progress along those lines into this market, you would just get belted for your trouble. Better to wait until you have all the answers before you stick your neck out.
As far as coal export goes, like it or not we have to wait on somebody coming up with the necessary rail infrastructure before its " game on " time.
NMR Price at posting:
1.2¢ Sentiment: LT Buy Disclosure: Held
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