Wack, I don't think so. I'm guessing two weeks time. They will wait until after the meeting on the 7th as the MD will be hoping to get the options granted. Am pretty underwhelmed at the issue, the performance hurdles for a small company with a beaten down SP are appalling so I haven't decided yet if I will agree or not. I think everyone will be pleasantly surprised at what they are drilling, the ore that they hit in shallow drilling was very similar to the Stawell GM ore so the reef has to be right there IMO. The other strange thing is the lack of value attached to Tandarra, CYL are circulating a conceptual mine model based on Tandarra (see their half yearly for example). I suspect they are behind the down pressure on NML shareprice, they need the price low so they can prise the other 49% off NML. Hang tight folks, when this breaks it should be something. GLTA.
NML Price at posting:
5.0¢ Sentiment: Hold Disclosure: Held