Again, 10cents is possible if we don't get another announcement...

Again, 10cents is possible if we don't get another announcement for another month. Half yearly report might lift her back up a bit though. Next descent announcement should send her back up over 15cents. If we can get something materially significant then she could also be back in the 20s. Would probably take a contract north of 2-3mil for some significant headway though.

I wouldn't put so much onto NI's shoulders though, they aren't that big of a player and it was more of an amalgamation of a few things that led to the last run. Not just the NI article. A sharp sell off wasn't out of the question but the slow taper down is more indicative of other factors at play. Its more likely that she bounces between 9-11 back to 15-17 depending on news.

Either way if she comes back to 10cents ill start seriously loading up, otherwise I'm happy picking up a few small parcels now that she is under 13 again. IMO she should be valued at roughly 40-50mil which is around 13-15 cents atm. Further contracts will lift that figure up to 80-100mil at 25-30 cents a share over the next 12-18 months or longer depending on several factors.

Not financial advice DYOR, just my humble outlook for her. Longer term hold, not a short term play unless you get lucky flipping 10-20cents off well timed and significant news.