hello everyone
latest quarterly report showed estimated resources gone up to 7.2 million carats,based on US$200 per carats as stated in the report, represents around $1.4 Billion dollars.which also equates to $0.60 per share before cost and expenses. after "Merlin" branding, value will increase double, treble or more. looks the market do not feel excited to the report. no one seems believing the story. not much activities seen from traders, except sp creeping back to 3.9 from a low of 2.6 than few months ago. everyone took up placement still suffering loss and distress. not much communication or progress report from NAD, not like most exploration companies in the market. I guess GJ's tactics is getting the truth from the ground, building up the reserves, to make NAD on a sure win situation,than playing share price up and down. at the end of the day, sp will reflect its true value. patience will pay off!
- Forums
- ASX - By Stock
- NAD
- wake up call
wake up call
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NAD (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online