Nordic Mining is aproaching financing for its mineral project, builing a mine that will deliver rutile (titanium and pigment feedstock) and garnet (for sanding and cutting applications).
The stock has exhibited bullish behaviour as the volume sky-rocketed end of january without news, and recently had a big selloff on an announced stock-issue at NOK 2,50, and have two gaps I believe are exhaustion-gaps when regarding stock-behaviour the latest months. The stock has a strong support at apx. 2,4-2,5, and analyst target at 5,7.
Project financing are scheduled for Q3, and an updated DFS primo Q2 (just after easter).
The stock has exhibited bullish behaviour as the volume sky-rocketed end of january without news, and recently had a big selloff on an announced stock-issue at NOK 2,50, and have two gaps I believe are exhaustion-gaps when regarding stock-behaviour the latest months. The stock has a strong support at apx. 2,4-2,5, and analyst target at 5,7.
Project financing are scheduled for Q3, and an updated DFS primo Q2 (just after easter).
Nota
The stock-issue secures bridge-financing until project financing is in place. The issue were anounced after close the 24th of february.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.