I agree with you this in line for a takeover in the medium term. I haven't looked at this stock for a while it's in the bottom drawer. But news to come around this month slash August about commencing drilling I'll probably start to follow more carefully soon.
My understanding is MOD was absolutely destined for a takeover as from memory it was adjacent to SF tenements and they had a great discovery.
Noronex while still being a take over target it will be more complex.
from memory noronex is at the other end of the kalahari belt. Miles away from sandfire and its infrastructure?
also, White cliff still have a 25% share / earn in agreement in Noronex's Namibian tenements.
NRX Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held
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