But they found graphite in Queensland. Obviously that makes all the difference!
And they had a loss of $10 mil last financial. LOL.
One big difference though BOZ, is the amouint of shares on issue- CGN 240 mil. NIU 1.6 billion? approx.
It is getting ridiculous for NIU market value ATM.
But we do need that JORC, before we get (hopefully), a large re-rate.
I am hoping for some sort of update, but I think we will not hear anything now, until the AGM at the end of the month.