NAG 6.67% 1.6¢ nagambie resources limited

What's the point?, page-7

  1. 55,576 Posts.
    lightbulb Created with Sketch. 1015
    I'm surprised the "10c divvie" is getting so much air time Ant

    If I remember correctly - it was based on an ASSUMPTION that if the various potential NAG profit centres get up and running - it will produce a bottom line that could produce a 10c divvie.

    To produce a 10c divvie - NAG would have to post a net profit of about $50 million.

    So how many tonnes of PASS would we have to take?
    How many tonnes of gravel, sand, road base or clay would we have to take?
    How much gold would we have to produce?
    How much landfill would we have to take?

    Now these are ASSUMPTIONS

    Do your own research and work out for yourself if this company is worth more than $15 million or 3.9 c per share.
    Keep in mind that if the profit centres were all up to speed - you would not be buying at 3.9c
 
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