NML 0.00% 1.9¢ navarre minerals limited

Ann: Trading Halt, page-37

  1. 6,768 Posts.
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    @wtf48 not my thing pal. I’m a oil and gas guy by profession (and electrical). I do have strong opinions on how NML should have proceeded but I think the chance to turn them into another CYL now largely passed.
    CYL were 9c 5 years ago but IMO they have been much smarter about raising money and limiting shares on issue. I think the current BOD has turned the chance to make a large fortune into a bigger chance to make a small one. The good news is I expect a good run very soon off Irvine and LL drill assays. The reasoning behind the capping of last 12 mths is pretty clear now (and successful). My end of April target is 25c, let’s see if I’m right.
 
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