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A great post ozbandit. I do look short to medium term, longer if...

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DD72

3,649 Posts.

470

09/01/24

13:27

Post #: 71792927
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Originally posted by OzBandit: ↑

I get your skepticism regarding the lack of shareholder updates and specific drilling plans. It's natural to expect clear communication and solid timelines from a company we invest in. However, my confidence in the management isn't blind; it's based on a realistic assessment of recent developments. The pivot to Lithium and the collaboration with AKE, for instance, while both significant, are also quite recent and these things take time to bear fruit.

I get the impression that your concern might be more about the stock price and the desire for a quick return on investment, which is also a valid strategy. Yet, investing in such small companies, more so mining explorers, always carries a risk, and impatience or frustration won't accelerate the process. From my standpoint, I'm prepared to give NIS until the end of 2024, fully aware of the potential for both success and failure. It's a calculated risk.

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A great post ozbandit. I do look short to medium term, longer if I think it is a legitimate company. I do see the actions of management as reckless in the land purchase and the blatant pump for oppie holders. However, the connection with ake is intriguing and although down 30 percent, I won't be selling at these levels

Regards

DF

NIS Price at posting: 6.9¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 3.5¢		Change 0.000(0.00%)		Mkt cap ! $7.474M

Open	High	Low	Value	Volume
3.5¢	3.5¢	3.5¢	$6.072K	173.4K

Buyers (Bids)

No.	Vol.	Price($)
2	75002	3.5¢

Sellers (Offers)

Price($)	Vol.	No.
3.6¢	350825	2

View Market Depth

No.	Vol.	Price($)
2	75002	0.035
2	436336	0.034
3	188961	0.033
1	128944	0.031
1	100000	0.030

Price($)	Vol.	No.
0.036	350825	2
0.037	504400	5
0.039	349998	4
0.040	4950	1
0.041	25000	1

Last trade - 10.13am 22/05/2024 (20 minute delay)


Last 3.4¢			Change 0.000 ( 2.86 %)
Open	High		Low	Volume
3.4¢	3.4¢		3.4¢	42876
Last updated 10.42am 22/05/2024 ?

NIS (ASX) Chart

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