Navarre Minerals (NML)

Discussion in 'Stocks & Derivatives' started by SilverSanchez, Sep 21, 2011.

  1. SilverSanchez

    SilverSanchez Active Member

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    Junior Explorer with tenemants in Victoria's Goldfields

    Share price has risen by 100% since listing earlier this year
    Some preliminary drill results for Gold have seen some good gradings
    Early days, market environment might not be ripe for investment in this one at the moment.

    But possibly one to watch as more info comes out

    Managment holds 30% of issued shares, Managment are experienced (maybe more money men than I would like, but their geologist is experienced)
    They seem to like shareholders (but that might be 'market talk')

    64.1m Shares on issue (just had capital raising)

    Market Cap is at about $28.8m

    0.45 Share Price

    Liquidity is not too bad for such a small company



    Here is the most recent invester presentation
    http://www.navarre.com.au/uploads/2/7/9/6/2796486/2011_06_21_power_point_presentation_.pdf

    Just thought id post for those who may not know about it. I dont hold, not looking to buy but ill watch see what they drill.
     
  2. SilverSanchez

    SilverSanchez Active Member

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