NFL 0.00% 10.0¢ norfolk metals limited

Ann: Trading Halt, page-36

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  1. 31 Posts.
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    Well here’s my thoughts anyway.. $30m, $60m, $300m MC, all is possible by the end of the year. It will all depend on what plans management have for this deposit. Day traders will no doubt swoop in and out this week. 5x or even 10x revaluation is possible in the short term off such a low market cap. The real question however is what is the long term plan. Capital raise, restructure and mine? We need drilling plans, asset mapping, off-takes, and then a cap raise in the next 2-3 quarters. Then mining license, procurement, binding agreements etc. Management need to show their hand. Good luck everyone, the sky is the limit with this one. Uranium is flying high at the moment so timing could not have been better!
 
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