This chart shows milestones for the project and the planned execution of the Engebø project.
Information is derived from UDFS presentation. Plotted milestones are adjusted to reflect prior delays, such as the confirmation on operational license from the Ministry released 6th of May this year. Plotted milestones are set on information released by the Company.
This...
We are already over 20% below the high of 4.80 which was set in January and the 5,C completion finished with a solid negative sentiment which even negated a quite positive news item the 17th of Feb.
As the 5th wave had a textbook finish with the C leg drawing down back to the fourth wave bottom we can consider the sellers now have emptied their pockets for this...
NOM is close to starting the Engebø Rutile/Titanium mining operation and are only awaiting final checkoff from the authorities.
Price target 2021: 6-8 NOK
Price target 2022 (Q1-Q2): 12,5 NOK
Marketcap of approx 600 MNOK makes this a very attractive smallcap with great R/R.
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...
Nordic Mining prepares for lift-off
There hasn’t been a greenfield development of a mine in Norway for between 30 and 40 years but Nordic Mining is looking to change that via construction of its flagship Engebo rutile and garnet project.
www.mining-journal.com
Nordic Minining OSL:NOM just presented their Definitive Feasibility Study for the Nordic Rutile...
OSL:NOM has been trading in a downwards channel for quite some time. To say that OSL:NOM is out of the woods would be a bold statement. BUT based on the pure TA aspect you can clearly see a bounce of the longtime trendline forming a triple bottom. So based on that purely, this is a nice entry. Also an A,B,C,D,E has been formed in the trading channel, uptrend to...
