Weekly NMR related hoo-hah from my reading ...
Have switched my sentiment to NONE, to save “anyone” any grief.
SP rising a little as I type – therefore I must be ramping…...
Anyways – here is the “ramp”!!!……
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Sorry for lack of posting lately – still having a bit of a bludge – but stopped for a while to catch up on market last couple of days. ASX junkie?
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Random observation #1
No guarantees with cap raisings of course – but interesting to note that last 2 NMR cap raisings have been announced within 3 days of their quarterlies.
We are now a week passed the last quarterly.
This may mean they are holding off till the last minute as it were, maybe some good news in the bag and oppie money a chance, $$$ from new JV punter/partner etc etc?
Or - could just be delayed if and when it’s gonna happen – so nothing definite to invest in here – just an observation OK!
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Random observation #2
Noticed on page 6 of last AFR presentation.
http://www.asx.com.au/asxpdf/20120203/pdf/4244phvytptzft.pdf
Seems that AFR are talking about the rail line as a sure thing in long term (2018). Perhaps they have a little more intimate insight into the Botswana Gov plans, than your average aussie ASX punter – as no doubt they would be working closely with the Botswana mining departments etc.
Noticed AFR said “when” not “if”.
Clutching at straws???!!! In any case, that company pushing ahead with their development.
Once again – just an observation!
AFR Quote below….
LONGER TERM: Exposure to massive seaborne coal export market when new rail/port becomes operational
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Upcoming 2012 Mines and Money Hong – nice to see Nimrodel on the Exhibitor listing there.
Link below – for what its worth.
http://www.minesandmoney.com/hongkong/exhibitors-2012/nimrodel-resources/
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THEN…. A FEW NEWS SNIPPETS below…..
“Coal Roadmap Pitso gets underway in Gaborone”
http://gabzfmnews.wordpress.com/2012/01/31/coal-roadmap-pitso-gets-underway-in-gaborone/
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“High hopes at key coal sector pitso”
http://www.mmegi.bw/index.php?sid=4&aid=229&dir=2012/January/Tuesday31
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“Local coal in demand”
http://www.dailynews.gov.bw/cgi-bin/news.cgi?d=20120201&i=Local_coal_in_demand
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“From diamonds to coal”
http://www.botswanaguardian.co.bw/newsdetails.php?nid=3348&cat=BG%20News
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“Khama praises new drilling technology”
http://www.gabzfm.com/index.php?option=com_content&view=article&id=7893:local-news&catid=39:news&Itemid=57
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“Botswana on the path to monetise its coal resource”
http://www.sundaystandard.info/article.php?NewsID=13117&GroupID=3
That’s it’s from me for now.
All the best and DYOR / MYOD
bsh
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