not sure NQM can justify a divie post capital raising.
value of NQM is :
1) as a cash flow positive gold producer 2) has Indium exposure -> main component of low cost efficient solar cells. Though the mine is not operational at the moment. (main reason for my specific NQM holding differentiating amongst gold producers) 3) good Silver credits with the Indium credits.
we will see what happens. but it is good news that they were able to raise capital easily without any trouble. a good sign.
NQM Price at posting:
24.0¢ Sentiment: LT Buy Disclosure: Held