Certainly can't afford to stay low.. and there's definitely no more raises that the market would accept.
This IS tl last roll.. let's face it, he has done a lot of talking and little delivering.
Next few bits of news are key.. but some of his ducks r lining up..
Paid out convertible note.
Paid out sacked directors of amg
Bought dozers/machinery from next door
Preparing to drill May River & Bolibop
Have TNT mines repay loans
Convert outstanding wages/loans to shares at rock bottom prices (clean up balance sheet)
Appoint project manager
Yet to strengthen board expertise
Connect mains power-not done- but believe a bigger/back up generator is planned
I've missed a few.. but hey, we're not even 5m MC -and that's a disgrace.
Plenty going for NIU.. but when will the market recognise is the question?
NIU Price at posting:
0.2¢ Sentiment: Buy Disclosure: Held