I think maybe as a small part of a portfolio (I have a small holding) could be well worth a punt, you could certainly make a bullish case.
Given size of company, liquidity, and potential risks given the nature of its business I would not put the house on it though. Having said that though low liquidity could even be a reason to buy the stock, having seen some buying driving up other stocks in the agricultural sector that are not hugely liquid. you are right though in saying this stock is certainly not the flavour of the month.
NAM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held