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.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.