Perhaps awaiting the offtake terms, due to be agreed I think prior to Christmas this year once smelting results are known. That would help put a valuation on the asset prior to any spin out, like past poster Barrambie off take and spin out one off the main reasons to hold long as this value could be very significant indeed. 1% of in ground value is approx $3 a share so we may get significant re rate once off take deal,is known, you’ve to be in it to win it, Loop.
NMT Price at posting:
$1.12 Sentiment: Buy Disclosure: Held
