I've been watching this one all week. And reviewing the RNS's - hard to say where it's going to go. Lots of flags regarding this new deal with KEC... the Italian mine does sound a little promising - which makes me wonder why hasn't it been exploited by a larger, better managed company earlier? Some many flags on this one... However those little peaks today represent a nice little earner if you're willing to chance a high stake.
One could buy this company for one million pounds sterling. Centamin still have share in NYO.
Oh dear, should I buy again ???? If past history is anything to go on then probably best avoided.
below 15 is a good place to start for new comers
Cash balances of US$18.5m as at 30 June 2014 (H1 2013 US$1.3m); (GBGR)
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