NMC nustar mining corporation limited

re: nustar mining - for kiril If you go back to Taipan...

  1. 2,892 Posts.
    re: nustar mining - for kiril If you go back to Taipan days....when SBM held 99% of the company, I received a company report from Taipan and on the last page where it listed top 20 shareholders.....I think my name appeared as 12th largest shareholder.....WISH I STILL WAS!!!! Point being if it wasn't for a handfull of investors, NMC would not have existed today and would have been taken off the market and swallowed by SBM in that take over battle.

    Anyway....those were bought at 17cents a share.

    I have since bought 1million more...thankfully at a much lower price.

    I would like to have a total holding of around 2m shares...and hold for the next 12-18 months and re-assess the company at that point....so I still have a few to buy.

    I have been sitting at various times on the buy side at under 5 cents. Still would be happy to see her drop.

    I have absolutely no doubt NMC will be re-rated.

    Especially in the next 12months when she declares her maiden dividend.

    I hold.

    Kiril
 
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