Yes. Could have been worse. I've got a bit in NKP too. Sucker for punishment.
I actually think I'm a fighting chance to get out of this in profit. But opportunity cost has been high and I'm tempted to cut and run. Always thought of it as a bread and butter project. High volume, low margin commodity.
I'm mainly critical of the ramping. Also the delays and lack of drilling/updates. But IF Noble goes ahead then that is an excellent outcome for a junior to secure debt funding. Dilution would have been an easier option. If it goes ahead then Jason will deserve full credit. Then I'll exit.
The sp and volume just isn't looking health at the moment. Really torn what to do. Holding is usually the easy answer.
KAB Price at posting:
1.5¢ Sentiment: None Disclosure: Not Held
