Just be careful you don't throw the baby out with the bathwater.
If you can look past the emotional tit-for-tat responses on both sides there is left a bunch of fundamentals for the investor to make an informed decision on. Before any of these fundamentals kick in though, NAG needs to at least get a foot in the door with PASS and the investor needs to decide whether they have a chance of winning even a part of the PASS tender. To me, there is tremendous upside if they can at least get their toe in the door to start. Not sure of the chances of getting a piece of this PASS disposal contract, but one side has it a very good chance, and the other has it as no chance. So take your pick or find somewhere in the middle, but at least you have a good range of possible opinions being voiced.
An example of a fundamental would be PASS price: one side advocates a $25 a tonne price as what is required to be competitive, whereas the other is looking for $100, basically driven by a tightening of EPA requirements and increased political will to enforce the stricter regime of correctly treating the PASS. Take your pick on the price that NAG is likely to receive for PASS. But at least you have a reasonable range to work with, and both extremes have their justification.
Personally I think the site is better off with a balance of opinions rather than just positive. Let's face it, it hasn't been a fully positive run so far so comments should reflect that. Gaining contracts for PASS has proven more difficult and taken longer than originally slated and in some ways proven some of those commentators correct .... so far. See how this progresses now with a tender submitted and what looks like a good share price to base build off if the news flow comes. But let the comments flow and take into account that being a forum you never know who has an agenda and who is just a messenger, and therefore treat all info with appropriate caution.
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Last
1.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.85M |
Open | High | Low | Value | Volume |
1.6¢ | 1.6¢ | 1.6¢ | $2.11K | 131.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 194095 | 1.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.6¢ | 268254 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 300000 | 0.017 |
5 | 450000 | 0.016 |
6 | 227495 | 0.015 |
5 | 825220 | 0.014 |
2 | 126999 | 0.013 |
Price($) | Vol. | No. |
---|---|---|
0.016 | 318254 | 3 |
0.017 | 364518 | 4 |
0.020 | 262922 | 2 |
0.021 | 175833 | 2 |
0.022 | 136077 | 1 |
Last trade - 16.10pm 15/07/2025 (20 minute delay) ? |
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HARANGA RESOURCES LIMITED.
Peter Batten, MD
Peter Batten
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