NRL
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0.00% 4.7¢ northam resources limited (application withdrawn 21 november 2022)

the latest investor presentation doesnt look that impressive,...

Currently unlisted. Proposed listing date: 16 DECEMBER 2022 12:00 PM AEDT##
  1. Kruiser
    4,921 Posts.
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    22/11/11
    16:23
    Post #: 9323274
    the latest investor presentation doesnt look that impressive, looking at producing only 1.5mtpa and product quality looks questionable (what are they going to do with the thermal product? 20% ash is high)

    SPP is at the lower of 6.2c and 10% discount to 5 day VWAP so it could be priced at 5c the way its going

    will be waiting to see what the VWAP looks like
    NRL Price at posting: 5.7¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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