NUP 0.00% 1.5¢ nupower resources limited

worth putting on watch list, page-21

  1. 2,101 Posts.
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    Furniture,

    Some think it's a dog because of (Previous) mangement and lets face it the price hasn't done long term shareholders any favours.

    They have a new man now running the show that has a solid reputation on getting the job done.

    They have enough cash for 2 years, so no dilution or cap raisings to 2013.

    I think 3c or thereabouts is the bottom for NUP, first lot of results to come out soon as they started drilling in early September....

    As mobilization and De- Mob costs are huge, we could see NUP drilling for some time, a good size Phosphate footprint with good grades is what we are after.

    I think if they hit good grades, NUP will be Re-Rated pretty quickly.

    A good one to get set into before the rush imo.







 
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Currently unlisted public company.

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