I'm not suggesting it will be banned outright, but it is definitely unpopular at the moment. Obama is even getting negative press for "not caring enough". So he's hardly going to come out and push for deep sea drilling like he was a few months back.
Not to forget I'm talking US, NMS has plenty more opportunities elsewhere. And once this all washes up, regulations will certainly be tighter which can only benefit NMS.
Based on what we know, it appears very cheap.....but I wouldn't mind some more company guidance to reduce the guessing!
NMS Price at posting:
7.6¢ Sentiment: Buy Disclosure: Held