Ann: Key Project Milestone Achieved & Reports Strong Receipts, page-26

Why don't you read the announcement? It clearly says TWICE in the few paragraphs that the funds will go towards a variety of things, including "a partial repayment of debt".

If you ever stop sooking and posting you think people will sell, like Billy and the trolls want people to think, people might actually start buying and the price will go up plenty.
I think the bitter selling is done. We have seen off months of staceys dropping deb's large holding, then their own SMSF holdings, followed by the recent ones.

You personally buy large chunks of Nor (towards $10k lots) in the mid-high 3's before Optus major news.. now we have a major tier 1 contract (with more to follow), long term security, already received approx $1m, plus added the revent $500k raise... and you're sooking about it going to 1.5c!
Yet you buy at more than double that price, without major contract news, seriously!

It's so far undervalued because of Stacey's offloading holdings for 6 months prior, and on/since news with low volume selling, and a more recent apparent bitter player.
I think it's done now, things looked better on the sell side yesterday, once a couple of buys went through.
Once bigger players start buying, it will go up plenty from here.
Even DD (the most relentless Nor obsessed troll) was surprised the SP didn't sail through 5c on Optus news, and clearly believes it's well undervalued now.

Not Tooheys8 though.. got to keep complaining and saying it could go lower, lol! (After buying up in the 3's, WITHOUT major Optus deal). Makes sense!!!!

1 decent buy, what's left at 2c.. assuming more sells aren't placed there, like previous weeks.. suddenly there's virtually nothing in the way back to 3c and beyond.