NML 0.00% 10.5¢ navarre minerals limited

Personally I don't think CYLs announcement today, as good as it...

  1. 3,045 Posts.
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    Personally I don't think CYLs announcement today, as good as it is, has much of a rub-off effect on NML. A bit perhaps, but there has not been a one to one correlation in the past when CYL moves. Results for Tandarra ( deep hole) were announced recently, market took it with a yawn, and I don't think Tandarra is currently being drilled at this moment of time, so I'm ruling Tandarra out in regard todays price action . I am more inclined to the view that todays rise could be related to the drilling underway at Langi Logan which previously showed some juicy hits, or Glenlyle, more likely the former as its been underway for some time whereas Glenlyle driling has scarcely recommenced.
 
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