Ok, I am feeling much better now. I just read the asx announcements for NIP, thinking the annual letter to shareholders was all we got from the trading halt...
I certainly was happy to read through that, but didn't think it was enough to cause a price spike tmrw morning.
But I just checked then, for NIP announcements from today, and now there are three in total!!!! If you had any doubts over NIP, you'll be happy to see this
Note the exciting bit in (*****) casing below - seeming to indicate they want the market to clearly know that the really good bits are to come, tmrw morning, and that it wasn't what was released tmrw! The Appendix 3y states:
And I quote... "NiPlats Australia Limited (ASX:NIP) advises that today, the company has lodged:
********** I confirm that these announcements do not relate to the pending drilling analasys update that resulted in the company requesting a trading halt earlier today.
This drilling analasys is still in the process of being prepared. ************
The company expects to release the update on the morning of Tuesday 30 October 2007.
Trading halt to cease upon the release of the drilling analasys update to the market.
NiPlats Australia"
***Brilliant! So they are, as we speak, working on a drilling update report, to tell us how sexy this 3.5 x 1.6km mineralized zone is looking, and how much better it is and why, or maybe even updates on other projects, and will announce this in the morning on open.
Fantastic transparency, keeping the market fully informed, prior to informing us!!
Well I am feeling excited about tomorrow, and think we are in for a huge day somehow. Remember, only a small amount of shares are tradable, so if the results are good then hold on.
Cheers, Wilson!
NIP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
