NML 4.76% 10.0¢ navarre minerals limited

It's like the ol seller that sells short of drill results,...

  1. 547 Posts.
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    It's like the ol seller that sells short of drill results, you're almost assured money if you get in early and then announcements of "we're drilling holes in the ground" come through and you sell. After drill results you could be hero or zero. NML may be de risking by selling Tandarra and taking the money to avoid a potential zero scenario later. NML are a small company, a 100 million dollar handshake for example for the rights to Tandarra would set this management team up to look for a bigger fish. They're a smart management team! Tandarra money would go a long way to punching holes in Stawell country which is 100% NML and more easily mined than prime farming land in Lockington Tandarra area, I'm not giving my ID away by saying too much but I'm quite aware of families in central Vic that will put up the.. biggest.. fight.. when it comes to a mine sucking their water table dry in that area.
 
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