Problem is that the drilling was done to satisfy Paladin, now what that has done is shown that more drilling is required but the coffers are almost bear!!!!!.
Only way this can survive is with Paladin support and they only paid 1.9c last time, any more will mean a full take over as they have 16% at the moment.Once they get to 19.9% things have to change.
The Market Depth tells the story, same old saying BUY the rumour SELL the fact!!!!. Low teens I'm afraid.
NGM Price at posting:
16.5¢ Sentiment: Hold Disclosure: Held
