Two years ago this was 50 cents. A lot of comparison to sum at the moment as that has flip flopped into every hot commodity trying to surf the wave of hope and dreams.
this still has a low number of shares on issue for a share price in the 5 cent range. The next two months is critical as it needs to find a decent exploration target in the 3000 square km tenement. It then needs to pump up the share price and raise money at a higher price to minimise dilution and keep a fairly low share capital.
can management achieve this? Who knows but I am prepared to risk a little to gamble for a big outcome.
NIM Price at posting:
5.8¢ Sentiment: None Disclosure: Held
