NAG 7.14% 1.5¢ nagambie resources limited

The Down Rampers Play Book, page-21

  1. 55,877 Posts.
    lightbulb Created with Sketch. 1049
    That's why the SP is only 4c

    If the company's revenue was bolstered by 1.4 nillion tonnes of PASS
    or a few million tonnes of sand, road base and gravel
    or a few million tonnes of landfill
    or a few thousand ounces of gold

    what would the revenue be then?
    would it be growing?
    would it be making a profit?
    would it be paying off debt it doesn't have?
    would it be paying dividends?

    and yes the directors bought shares at 10c - so they obviously have faith in NAG.

    That's why it is still a speculative stock @ 4c

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