I hope I don't come across as negative on NAG. I'm actually quite bullish, albeit for different reasons. In fact, a spike in volume on a rise after this little pullback we are having would make me very bullish.
Even getting a partial go at some of this pre-works PASS, even if the price wasn't as high as some are wanting, I would still be quite bullish on that because I think what this share needs is just to get it's foot in the door and show its stuff. There will be flow-on from that.
Haven't been a big fan of the gravel sales because I thought it was a distraction but from what yourself and JB are saying I might have to re-think that stance. Income is income.
And Gold is another story again. The operational costs for Gold for this company are extremely low from what I have read compared to the WA miners. A big positive when that side of the business kicks in. Sooner the better for Gold I say.
It's a particularly interesting time for this little company.
NAG Price at posting:
7.0¢ Sentiment: Buy Disclosure: Held
