I cannot believe that this thing is now trading at $3M...SHs are really getting some value here! /sarcasm.
I maintain that the management of NKL has been extremely lackluster, all promises and no delivery, entirely irresponsible of Matt Gauci to ignore the stock that he is an MD of. Ignoring the shareholders, completely ignoring the timelines that have been provided to the market, whilst handsomely rewarding himself with the Shareholder money - whilst doing nothing, what a lifestyle.
Mr Market is watching you Matt, you are getting a 'reputation' for yourself, the industry is very small - tsk tsk.
I would advise others to avoid stocks that Matt Gauci is involved in. NKL deserves and requires its own team to develop its projects not a 'every-now-then' bone that gets thrown to the ShareHolders as an afterthought.
NKL Price at posting:
4.0¢ Sentiment: Hold Disclosure: Held
