Runner is right, I have resisted the urge to cut slice some of my holding but as you say. We must hold off, for our shares to reach their true value. I am staying with this one for the long run... for good or ill but imo likely good.
The rise in zinc price will ensure that our dfs is highly favourable. Its no coincidence that the market is becoming interested in our stock. Lots of news q4 and remember the mine development plan was done on the low side of estimates. We have great backing and an md that is focused on what needs to be done... without a penny wasted and full scrutiny. 12 million to be invested by our financiers... a kingly sum not given without a certain degree of confidence/insider info! How many aim companies actually go into production? How many have we all invested in just to be lied to and driven into the depths! Nrrp will come good imo.
At 0.9, think some people in the know are filling their boots before news...
Loads more buys today and price only up 4%... still cant complain. Finally the market has woken and realises our potential!
Check iii board for details and link...
I will swim to Namibia to celebrate ha
ADVFN board is very insightful chaps. Some regular nrrp posters!
I would agree with you ref mr shali. I am currently sitting in profit but will see this out till the end. I deem that the sp will grow more steadily (organically ha) with support. However better than some shares that are pumped and dumped. GLA
Price holding well, expect a small drop back to 0.75 ish. However heavily news dependent, if we get a resource upgrade this will shoot. Mining license is such a variable in regards to time. Could rush it through (hopefully), however with elections coming up may delay and on another note job creation is good for any government. Expecially the quick turnaround of this project and environmental license granted! More confident in nrrp than some of my blue chips. Thats saying a lot ha
This is only the start! Spread the word! NRRP is the place to be!
Nice article about zinc today...
Keep the news flow up and this will make steady rises :-)
To Martin!!!!! I invested very heavily and at one stage was very very down in the dumps. 12 million dollars is massive and a shrewd firm does not stump up such a kingly gift without a certain degree of optimism. Therefore we as pi's need to realise the upside potential. Still a few hurdles but after over two years invested and counting on my assurance of the recent board, I now feel somewhat satisfied of our forward planning. Happy to have backed nrrp for the long term!!!
How can you drill for so long without news.... Must be an upgrade or the likes on the cards!
Just thinking about it, the amount of investment by the chinese in Namibia (up 1billion dollars, especially in mining) and our 20% stake by a government ran subsidery company. I think they have put the DFS on the chinese desk and said.... buy us out and the resources are yours! However at what price? Alternatively looking at chinese finance with a buy out clause/discount to SP or something once fully operational. The chinese have just purchased a uranium mine and with zinc etc projections past 2015.....
Hopefully this week we will be able to enjoy a juicy dfs
haha derampers are seemingly the sign of success!
All you need to do is watch martin french presentation on minesite. Just google it... this is a massive prospect in the junior minor division and all the research you need is there. Dfs should be this week, hopefully tuesday and this will kick on!
My trade is on its own today ha
Lots to look forward to! Im surprisingly confident about our little tiddler! Bring it on MF