NRU 0.00% 5.5¢ newera resources limited

This project has come along quickly, has been well resourced and...

  1. 99 Posts.
    This project has come along quickly, has been well resourced and thus far has been executed strategically very well. The plus points are obvious - possibly quality coal, near infrastructure, near the demand... there doesn’t seem to be too much downside (although it is about minus 20 degree at this time of year if your digging it out!).

    It almost seems to be too good which does make me feel nervous, particularly given the past 24 months or so... I am also surprised that with only a couple of weeks until the wash results why there hasn’t been more interest... whilst we have seen some large orders filled with a market cap of only circa 10m this is still small...

    i would have expected nearer 20m and the sp to be around 10c by now... with excellent results possibly pushing sp to near 15c...

    they normally say when your gut, head and heart say dont buy anymore you should fill your boots but i wont be buying anymore... that said i wont be selling mine either!
    GL all

 
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