SXG 6.90% $2.16 southern cross gold ltd

SXG & NAG, page-116

  1. 3,069 Posts.
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    NAG CR will hurt non holders crabbie - especially if a PASS contract is announced shortly. But then again, they ,Golden Camel may announce a successful financial resolution for the JV toll mill before that. Hopefully by the end of the year NAG will also release a maiden JORC.

    So by the the end of the year NAG could have

    A) Great cash flow from a PASS contract to start in the first half of 2024
    B) Great cash flow from a JV toll mill in late 2024
    C) A maiden JORC

    alongside

    D) A mining licence
    E) Freehold land to mine

    A PASS contract and a JV toll mill will no doubt go a long way to financing a shallow underground mine


 
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