I have read his posts.
Basically theres nothing that could go wrong, its all unbelievably undervalued.
He hasnt answered some simple questions I have asked. He wrote about having a stop loss, he hasnt mentioned where that might be. Im interested because he first posted at 4.8 cents and was trying to drive this up with regular posts.
I asked about his strategy for trading this one. For a long haul outlook he writes with a trading mentality, so whats his method?
For me:
Next set of drill results may be poor, delayed and not increas resource.
Moratorium due January 12th may not support NMR's intentions, this has already been set back.
Years before any sort of production, more raising, more dilution.
Botswana safe, but no transport or infrastructure.
Much of this stock doesnt hinge on what they have in ground. In this climate if you're not producing you'd want to be fairly certain that you will be soon to have any sustained upwards momentum.
There are literally dozens of stocks on ASX right now trading at ridiculously low prices that are producing and making bucket loads.
DJC will do a report shortly after it mentioned it in West Australian, that may bring more attention.
Its got my attention but I asked simple questions and they dont respond.
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NMR
native mineral resources holdings limited
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Last
18.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $169.8M |
Open | High | Low | Value | Volume |
19.5¢ | 20.0¢ | 18.5¢ | $118.3K | 613.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 119525 | 18.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.0¢ | 151030 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 119525 | 0.185 |
2 | 243550 | 0.180 |
4 | 182647 | 0.170 |
6 | 410121 | 0.165 |
6 | 301448 | 0.160 |
Price($) | Vol. | No. |
---|---|---|
0.190 | 151030 | 2 |
0.200 | 289771 | 4 |
0.210 | 200000 | 1 |
0.215 | 295988 | 3 |
0.220 | 155263 | 2 |
Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
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