Capital raise will be the next thing; cant see them getting...

Capital raise will be the next thing; cant see them getting drilling funding without it, unless they do a farm-in and dilute our opportunity... and then noting the fauna survey will need to be done for the Quarry North in spring while everything flowering, might not get a final approval granted there until Summer...

It's a pity, as i think there's big things for NIS, but it's been poorly managed and big opportunities squandered in the last 12 months.

I'm a decent holder, but will watch from the sidelines while this plays out... i think it's going lower from here.