TSE:NML
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Stock has been under pressure. It is a start-up - not the best place to be. A little behind schedule in their shipments – nothing major. You could start nibbling away. Longer term this could get taken over. Couple of years hold.
Iron ore developers and companies have all done very badly. Doesn’t see a lot of upside in the short term for iron ore because there are still quite a few projects coming on and the Chinese steel demand is looking pretty stagnant.