do another announcement, page-6

Hi Navygulf - it doesn't pay a dividend yet and as usual other prospects may have greater short-term growth appeal and you can come back to NMS when it gets going again.

Lots of mining excitement and the ususal one-week wonders.

There is also the inescapable fact that the NMS SP has stalled before making a proper recovery and people wonder why and get impatient.

Makes me wonder why too, when nothing about their activities, concerns me - except the current price. It was $1.50 when it was one company who did next to nothing. It crashed and then rose steadily over a dollar to $1.37 as it acquired businesses and continued to outperform its own plan. It was over-subscibed in the last raising and it has retained the confidence of its major investors

I think it's just perspective and looking at the graph in 12 months will make the current doldrums just seem one of those things.

The progressive revelation of more and major work is what will occur and the current SP has nothing to do with making that happen.

I have about half what you hold and my average is still underwater, through late averaging up, but consider the prospects remain excellent, but these prospects count for little in the current market, because until the really big bucks are in the books, the prospects represent risk.

Ironically, I suspect if they had a more modest ultimate goal, the SP would be higher as they could pay dividends sooner. Instead, they have set off down the path of tremendous growth and this will pay off - just a matter of when and how much.

When i get annoyed with the quite poor SP, I mentally fast forward to 2010 - 2012 and get smiling again.

Prudently keeping close track of company events means you end up wondering unduly about the short-term despite it not even being relevant to your investment focus with NMS at all. It is frustrating that the steady climb has been thwarted and that it has yet to properly resume, but it will, and reach much further than before.