Well put Jp.
The other thing people don't often realise is that NAGs isn't looking for Nuggets of gold which is very hit & miss. NAGs is into Disseminated Gold, which is very predictable once intitial drilling is done (done at NAGs Wandean & Clonbinane tenaments).
All that is needed is 1gm/tonne and production is ecnomical. A modest 10,000 oz pa, would net about 2.5c share profit, 20,000 oz about 5c/share profit. Thats what attracted SH before PASS and its still attractive. NAGs is many facetted.
NAG in June, page-88
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