things take time in indonesia. i expect an announcement before end of week or month at latest. impatient holders are selling for no reason other than no action. wait till the deal is announced. 15 year contract supplying gas into central jakarta. gas field of 1.1 trillion cubic feet in need of capital to lift production. nhm are free carried due to the great work of allen fraser over the last four years getting deal over the line. people who sell around these levels will miss the ride into the 2's over the short term and then into the 3-4's once cash flow from project begins to start rolling in. ive spoken to the company at least once a week for the last 5 weeks and allen fraser assures me nothing unusual is happening to cause the delay in the contract win. he has been in indonesia for the last fours years and says these decisions take time but is extremely confident all nhm holders will do well in the coming months
sammy
NHM
new holland mining limited
is this the week for major rerating
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