Freehold,I see what you mean, definitely NMR looks to be on a similar trajectory to CCC and AKM but probably with a lot further still to go. What could really send this thing off would be if they can locate a suitable big brother (probably from India) for the eventual export of the Botswana coal. We can only speculate on what such a deal might look like, but given the huge size of the resource involved it would likely include a significant upfront cash component as well as a export sales royalty arrangement. Something like this would radically change the markets view of NMR IMO.
NMR Price at posting:
1.9¢ Sentiment: Buy Disclosure: Held