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12/07/17
13:09
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Originally posted by robbo24
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Looks like the mighty ASX may once again lead the way.
NTL is so undervalued compared to other juniors...
EQE for instance, they release ONE DRILL CORE with grades only 20% of NTL's and they get an MCAP of $30m.
Meanwhile, NTL builds a mine, gets environmental consent, proves a resource and has a JV across the highway with NCM and they get mid $20m MCAP.
It's ludicrous - justice will be served!!
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Still cheap but will probably consolidate here for a little while unless more news finds its way out!
A great little coy and the best mover on the asx today!!
Still digesting the report but that grade is fantastic and makes it possible for the company to have some very good margins imo!