wow huge massive developments they are still waiting on some...

wow huge massive developments they are still waiting on some news....

This stock is a big risk, gambling I say.

NHM has 25% of a company that is bidding for tenements with the Indonesian government.

The announcement today was that the company they own 20% of has given them until February now to buy a further 55% (issue 175m NHM shares @.005) taking the total to 75%.

The Indonesian government has not given any answers in the last 10 months (unbelievable really), and that is why NHM keep requesting extensions to the agreement.

In a nut shell, they are buying into sweat FA at the moment, if the group bidding for the tenements wins then they will take up the rest of the 55%.

This stock seems quite perculiar to say the least.

I do guess that if they announce it will be soon, as they have an AGM in November, and they should hopefully have some news by then.

Big punt, big gamble, with plenty of upside if it comes off. Maybe massive!!!!!!!!

DYOR,

Nasi