NUP nupower resources limited

Came across this stock through the rights issue, other than the...

  1. 22 Posts.
    Came across this stock through the rights issue, other than the management concerns what is the current veiw of the conceptual targets? Is it reasonable to base ~147mt of phosphate off five drillholes? Furthermore its rather strange not to quantify the thickness of the intercepts or location of drillholes to allow informed investors to perform their own "back of the envelope" calculation.
 
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Currently unlisted public company.

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