So many great things about this whole scenario, NMR is rising on heavier volume days and falling on lighter volume days very consistently now. The tenement: so much of it left to explore, let alone finding more coal. Physical location: it's quite central to the whole general area, only a few hours to Gabarone, the Botswanian Capital. I think NMR slipped under the radar because of very negative resource sentiment over the last 6-9 months, with so much emphasis on gold stocks and the MRRT and Carbon tax occupying Australian investors thinking. I believe that is slowly coming to an end as is the Chinese slowdown orchestrated to dampen domestic inflation there, quite smart in my opinion. When NMR goes, the locomotive will hit the tracks and it may not slow for quite some time. AIMO.
NMR Price at posting:
5.6¢ Sentiment: LT Buy Disclosure: Held
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