Freehold,I see what you mean, definitely NMR looks to be on a similar trajectory to CCC and AKM but probably with a lot further still to go.
What could really send this thing off would be if they can locate a suitable big brother (probably from India) for the eventual export of the Botswana coal.
We can only speculate on what such a deal might look like, but given the huge size of the resource involved it would likely include a significant upfront cash component as well as a export sales royalty arrangement.
Something like this would radically change the markets view of NMR IMO.
what a difference a day can make, page-29
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