Swarby the upside could be huge, and in a previous post i laughably suggested (in hope) that it would be brilliant if it did go past NMRs' letterbox. We could only dream of such an outcome.
At the end of the day we all may be just taking a punt on this one in relation to the rail network. But I have no doubt the Government would consider the best possible scenario as to where most of the countries future coal assets would lay. That may or may not be on NMR side of the contry, who knows.
I watched AVB go from the high 1's right up 7-8c and beyond (23.5c) in a short period of time. And I can recall people were spewing that they didn't take advantage of the cheap entry price. Wether it happens here with NMR is anyones guess but I think its worth staying put.
NMR Price at posting:
1.8¢ Sentiment: Hold Disclosure: Held
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