When we actually start spending the considerable money required to build the up grade at BM, to create a viable plant to produce the resources as forecasted and then to onsell into our local market ...this in my opinion will have a considerable material impact on the share price as this will attract speculative investors.
With a cash flow positive financial status, producing a World first competitive resource and ultimately proving that our tech is commercially viable ...there is no way this company’s market cap will remain at 4 to 6 million.
And if there is a hint of reality that India is to get off the ground, then that will explode the stock price again.
If Sale gets on board it is a far bigger and more successfully run Indian company, than NMDC ever was.
Our largest investor was the influence behind our company’s latest shift in priority ...he has always maintained that we should get local production up and running and provide proof of our techs viability, before we venture into foreign shores
I agree and this new focus is right on track to rebuilding a far more solid and reliable performance and it is within our grasp and not a blue sky hope.
All my opinion of course
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When we actually start spending the considerable money required...
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.515M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.2¢ | $69 | 29.10K |
Buyers (Bids)
No. | Vol. | Price($) |
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57 | 27782887 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.3¢ | 11868117 | 24 |
View Market Depth
No. | Vol. | Price($) |
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54 | 26982887 | 0.002 |
29 | 38936532 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.003 | 11664125 | 23 |
0.004 | 6061488 | 10 |
0.005 | 3887859 | 25 |
0.006 | 5155234 | 9 |
0.007 | 918333 | 2 |
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