NML 2.50% 10.3¢ navarre minerals limited

Perspective

  1. 2,603 Posts.
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    I've reread the NML latest drill announcement overnight and gone back in the releases from them to see why I think they should be rocking the Gold space instead of languishing at 5.3c

    I'm still at a loss to explain the market response so I'm curious to get some other opinions.
    The results so far as at the top end of my expectations, we knew there was limited or no high grade gold at surface or the old timers would have been onto it in a heartbeat. The model has always been that the gold would replicate the SGM but on the Sth / East side of the dome (now proven) and that geophys and shallow drilling would outline where best to deep drill (also looking good). Am I missing something?
 
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