Looked in again after a few weeks and........................
I am amazed at the optimism that still pervades this BB , it seems all you guys have to convince each other that NML is such a good/exiting share to be in, because you're all so heavily exposed to it.
GET REAL.............. the market does not trust the management, promises not kept, time slippage, and endless dilution of the equity........when are you all going to wake up...??
At the end of November everybody was talking about 20p in a few weeks...........YEAH YEAH .............look where you are today, you're all trying to convince yourselves it's positive/good news about the conversion of debt to equity.....pity the market doesn't agree.
So they found a few diamonds, who hasn't in Africa.....???
NML would appear to be on the verge of running out of reddies, I suppose you will all be saying what a good opportunity it will be to subscribe to the next placement/rights issue in a couple of months time.
I got out 1 Dec at a tiny profit when the share was 6.25p............boy was I glad I did.....and you can bet all the other realists will do the same IF this dog ever gets above their entry levels..........6p - 7p - 8p - whatever Even IF NML find enough diamonds to cover expenses......this share is going nowhere.