With BRU breaking out and likely to keep rising steadily in the lead up to its drilling campaign, NSE offers compelling value under 25c.
NSE holds over $5million dollars worth of BRU, thats 10% of the company, as well as $4 million in cash. NSE itself has no debt and still a remarkably low market cap.
Add to that the fact it is about to start its own drilling campaign with its jv partner in the USA, in highly prospective territory, and you have a company where share price reward so heavily outweighs the risk its almost unbelievable.
A share price of 90c in 12 months is certainly possible, while 50c is probable.
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