There were plenty of signs and after speaking to management a few months ago, I went against my gut. To add to that, then bell potter got the capital raising. I know how bell potter work very closely and went against my intuition to sell again. A very hard lesson learnt. The fact that there is no one ready to stump up for a punt on 6bn tonnes in Botswana says it all. This stock will have over 1bn shares before it gets anywhere as it has 500m+. Day trader paradise. This ain't going anywhere - so much better value coal stocks. This will have its rises (and I actually think it Could be ready for one real soon). Management do road shows and no one cares - a former niche stock broker can't even bs another stock broker. Game set match unfortunately and I am not saying it to be harsh, just highlighting there are ample opportunities in the coal sector to make your money back at the moment so think quickly!!
NMR Price at posting:
1.7¢ Sentiment: None Disclosure: Held
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