NMR 3.03% 3.2¢ native mineral resources holdings limited

silly sellers, page-29

  1. 879 Posts.
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    I couldn't believe BP wouldn't have done their research with this placement. But I still believe the game changer for NMR is the rail network plan to service the growing coal mining idustry. Others have indicated that this plan won't be released til later this year. Given that I am sitting on a 40% loss I am sitting and waiting for that to occur. Hopefully the bloody rail line goes straight past NMR's letter box.

    Other than that its a waiting game IMO and probably a good opportunity to average down( if you believe that is). Unless new drilling results can kick it along.
 
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