Seems NMR has been recommended as a "Spec Buy" by broker DJ Carmichael ... and also published as a Spec buy today in the widely read newspaper the Saturday West Australian on the 17th Dec according to a poster on NMR thread.. so we should see a buying push on Monday.
They give a price target of 17c (Currently 3.6c) Just as a refresher:-
1. They have recently announced a maiden JORC of 4.2Bt Coal in Botswana.
2. They are 1-2 months away from completing a secondary step out drill program which -SHOULD- see the JORC resource increase dramatically in size
3. They are about 3 months away from completing a scoping study...
All this and they are at a...
...Mcap of only $15.3m at 3.6c !!!
Go Figure??
All IS IMHO DYOR
NMR Price at posting:
3.6¢ Sentiment: Hold Disclosure: Held
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