My personal opinion is the mining license should elevate us to about 0.75-0.85... any higher people will sell out for a quick buck. So I feel that range will be where we stabilise. We must remember there is much fear in the market around commodity stocks and nrrp need to promote our potential (remember the shares mag article's impact). As you see on the presentation there not fully holding back for the license and building or putting together some of the minor bits and bobs like offices. Where the board will make their money is 1. Keeping us updated and excited on project milestones such as finance and important purchasing. 2. How fast they move or make movements. 3. Savings on capex. 4. Whether they keep the drills on the right track. 5. How they communicate the benefits of their experience and contacts. 6. Explaining what does the new nrrp growth model look like. 7. Explaining to us why us investors should stay with nrrp for the long term!!! What does everyone else think?
http://www.northriverresources.com/documents/InvestorPresentationQ12015.pdf Few of the lads on iii & advfn and my self got a reply to emailing the company today!
Soon it will wake up!
All of todays trades are buys. One is mine at 0.465. Mining license after xmas and then lets find more metal!!!
You say that you want to become a growth company... How will you do this with such a poor market cap? How will you get finance with a share price that's unstable and falling! WE HAVE SO MUCH POTENTIAL... THE BOARD ARE TO SLOW TO MAKE THE MARKET MOVE!
This strikes me as a sensible dfs, no smoke and mirrors. The only issue I have is we haven't had a single news article this morning. Thus were the only ones to know!
Really thought today was the day!
Fill your boots. Should have news to moz!
"The mining industry continues to be the backbone of the national economy and will be for many years to come. Overall the industry is expected to grow phenomenally once new mines come into full production," remarked Malango. The Chamber of Mines CEO During a mining symposium on Friday, October 17
..... my guess
I know the feeling.... slow burner comes to mind ha
By xmas we will all be happy :-)
DFS and Mining license = 1.2-1.5p.... We have the stuff in the ground, we just need to update mine development plan to dfs and then the mining license should come! Whats everyone so scared of??? I would be more worried if we didnt have the finance, Greenstone wouldnt chuck 12 million at a dead ender! Come on market! Wake up!
We have some really good grades!!! The market will soon wake up to this. Dfs and mining license approval will both boost our sp by over 20% at least! 1.5p before the end of November. Much better economics as zinc price rises and we inevitably find more... (emphasis on the inevitably)
Scotts say no and its time to blow!!!!!!
Mid september and counting. I still believe!!!
Quite significant that our EIA clearance has been reported in the namibia economist today, with a nice write up and also directors talk. Somethings coming!!!
But hopefully it will be worth it!
Well we wait for news... Im happy the share magazine article has given us a higher base level before news. Hope it holds! 2p target!
Fill your boots lads. Rns hopefully out this week as 'early september' quoted in shares magazine. The article held a certain degree of confidence and im sure the groundwork has been done and results a partially or all gathered! The nod has been given and by being in the know we have a key position!