cheers @Kotaredrew, NIU was highlighted to me by Crash, which is when I took 2.5 and was watching the turn of events, quadrupled my holding this week with multiple upsides been achieved,
Plant ramping up to over 5t/hr chasing the surmans and edie lode economical grades was tight and put the shortfall @ .002c in doubt, was looking a likely option they may have had to allocate the shortfall at .001c.
Then they starting making discoveries, several veins creating multiple upside from .002c with bonanza grades from the first vein recovered. That was enough for me have more confidence in the ,002c shortfall been taken up.
The recent trading has increased the likely hood of cash injection to almost definte by creating stability at .002c and yet be confirmed but at the minimum weakened AMG's strangle hold on the TA.
Big calls to be made from investors today and over coming days.
Many will be watching for another dump into the .002c
The anticipation is growing and it’s obvious with AMG either out of the picture or fast losing ammunition further positive information with be met with a re-rate.
It’s an exciting time for investors, and a re-rate to $15-20 million feels close both technically and fundamentally.
AMG out due to a new cornerstone investor taking its place breeding confidence,
Cash injection for allocation of shortfall,
Further bonanza grades of up to 100g/t,
Throughput exceeding 60t/day,
Exploration upside via vein discoveries, assay results, surmans bulk sampling
Improvement in grades from surmans and edie lode stripping.
One ANN without resistance may be all it takes, and plenty to be watching out for in coming days, weeks, months.
GLTAH
NIU Price at posting:
0.3¢ Sentiment: None Disclosure: Held