Results are good and the hint of Nb amomolies gives a potential angle to the lease. Nb in high demand. Unfortunately no updates in the announcement with programming. Past statements "drilling later this year" Understand you don't agree with BOD being slow. Look at the neighbouring explorers and what they have achieved in the last 12 months. Good CR's, high volume programs, good exposure and marketing, big increases in growth, value and leverage. Shareholders happy.
Its been 10 months that the BOD has been looking for a JV as stated and managed a $1ml raise in that time. Chicken feed. No real growth and months of silence. Great in buying a new lease with a nearology aspect but really what's the point if they have no funding to service their existing assets and have not attracted any institutional, strategic, Gov funding.
Really hope if there is quantum in the Nb a JV with a neighbour or a T/O could be around initiated. There is heaps of Gov funding available in the REE space. Unfortunately with gov funding the Coy needs to show accountability.
NWM Price at posting:
4.0¢ Sentiment: Hold Disclosure: Held
