NRR 0.00% 5.6¢ naracoota resources limited

Would be nice to have some news.Whilst the Directors seem to be...

  1. 17,077 Posts.
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    Would be nice to have some news.

    Whilst the Directors seem to be doing little, I guess the upside is that the Company has about $4m in the kitty and is minimising the burn rate. So I guess once the "right" project comes along they will have some cash, a scarce commodity in the current market to do something with.

    I understand they sold quite a few of the RNI shares that they received for "our" tenements.

    Pity they never put some deep holes into C12 where from what I hear the best potential was for Au and Cu at good grades.

    Anyone going to the AGM which I anticipate will be late Nov?
 
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Currently unlisted public company.

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