Did you notice the over allocation of the SPP? It went from $800k to over $1.3m so a lazy 10m extra shares.
Even at $20m MC, it is still cheap and highly leveraged against any substantive success at any of the project sites. Am still pretty underwhelmed at the 4725 deal though, they will need to be alot smarter than that going forward IMO or the sharp players in the Vic Gold story will eat them for breakfast.
NML Price at posting:
5.3¢ Sentiment: Buy Disclosure: Held
