NML 0.00% 1.9¢ navarre minerals limited

Whitelaw Fault Lynchpin, page-3

  1. 671 Posts.
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    Look at the CYL buy & sell activity today. The next and only sell order at the time of writing this post is a measly 4000 shares at $2.25, that's less than $10k.. Why is NML still at 8.5c when it is a 49% partner of Tandarra with stacked reefs and great hits down below in the latest drill result.

     

    Are investors scared NML will now have to cough up big bucks (up to $13M if CYL want to play games and go for a 49c 51c match) if CYL demand 49% of more drill costs seeing as though CYL own the majority stake of Tandarra and this will create further dilution and capital raising for NML? What are other's thoughts, I'm at a loss as to why NML are still lingering around the $30M market cap and 8.5c share price.


    5 prime projects and still no rapid launch northbound!

 
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