Well again NUP today released DSO grade drill intersections on their (200 x 200m spaced for indicated Jorc) drill program which abuts RUM's Jorc phosphate resource...
Over the next few weeks we are expecting several announcements regarding the rest of the drill cores some at 200 x 200m, some over wider spacing... If we get phosphate hits in the wider spaces holes it will indicate a strike length of up to 30KM+ and no doubt will translate into a considerable inferred resource.
Next step after the drill results will be a maiden Jorc which -could- be massive... and may even eclipse that of neighbour RUM
Current undiluted Mcaps are as follows:- RUM $59m NUP $14.8
Watch closely as I suspect we may be on the cusp of a major re-rating here.
All is IMHO DYOR to Confirm
NUP Price at posting:
3.4¢ Sentiment: Hold Disclosure: Held