The market is just waiting for confirmation that the strategy of NTL has paid off. The last few announcements suggest an under-budget build, assay results from further targets pending, mine development allowing access to zones to turn Exploration Target in JORC compliant resource, Rahu drilling and of course: ore extraction.
The weekly charts are probably starting to get a bit oversold. If the company strategy holds true then NTL will be looking at a higher low, could be an interesting time as traders reenter.
I think the sense from long termers is they are waiting for signs of success they have been waiting for.
NTL ended up being a six bagger from about the time I made this thread, a higher high might finally bring about the prophecy![]()
The market is just waiting for confirmation that the strategy of...
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