So if this isnt a catalyst to sack the BoD for non disclosure, I dont know what is.........
"The court heard the company allowed electronic waste and spent bleaching earth (a by-product from producing vegetable oil) to be dumped on site during periods in 2014 and 2015.When Environment Protection Authority Victoria (EPA) officers attended the site in late 2016, they observed two stockpiles of soil that were 40m long, 8m wide and 3m high and leaching an oil substance. A stockpile of black glass, plastic and circuitry boards measuring approximately 35m by 10m was also found, which Nagambie Resources had tried to bury."
Below is from the 2017 & 2016 Annual reports. Funny how the EPA slapped their wrist in late 2016, so the Directors knew they were in the crap, but didn't advise shareholders of this material development.......
$400K of shareholders hard earned, down the drain........ IMO Nagambie has potential, but requires new leaders to come in and take over. The current crew are not worthy of being BoD's.
Sack the lot of them..................
NAG Price at posting:
4.4¢ Sentiment: Hold Disclosure: Held
