savepiginvest

Nordic Mining $NOM.OL is one to watch for 2020

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OSL:NOM   NORDIC MINING ASA
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.

https://www.mining-journal.com/resourcestocks/resourcestocks/1372688/nordic-mining-prepares-for-lift-off



Nordic Minining NOM just presented their Definitive Feasibility Study for the Nordic Rutile project at Engebø, Norway.

Once financing falls into place for this up and coming mining company, this stock should be a buy and own asset for the next decade.

Exercise extreme caution in the short term.


Engebø Rutile and Garnet
The realization of the Engebø project will establish Nordic Mining as a long term supplier of high grade rutile and garnet products.
https://www.nordicmining.com/operations/engebo/


Transaction en cours:
Initial rally botched by corona and temporary bad news that one offtake partner discontinued partnership, but still trading well within setup.

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