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1.6¢ nagambie resources limited

Who will promote NAG’s JORC?, page-55

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grindstone cowboy

21,502 Posts.

134

03/06/24

14:12

Post #: 74138430
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Originally posted by muzzab: ↑

That, my friend, is the $64M question.

The market doesn’t trust NAG management to deliver on the gold/antimony resource.

It’s obviously there in the ground but mgmt have made so many promises over a lot of years and delivered so little in terms of share price and value for shareholders.

Many long term holders have been calling for a complete change of management since this discovery was first announced over 2 years ago, but Mike Trumbull and James Earle seem more intent on continuing to draw their wages and benefits than exiting their roles and making way for fresh new talent with proven ability to get this moving.

Many times I’ve suggested that they try to emulate what Mike Hudson does over at our sister company Southern X Gold.

He took that stock from a 20c listing some 2 years ago to recent highs of up to $3.50 pretty much on market spin (others can tell you more about that).

And yet here we are with, arguably, much better assets and projects but a woeful share price/market cap.

Go figure!

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if only NAG had drilled through solid gold nuggets and then spin doctored the bejesus out of too.

NAG Price at posting: 0.9¢ Sentiment: Sell Disclosure: Not Held
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(20min delay)
Last 1.6¢		Change 0.001(3.33%)		Mkt cap ! $11.94M

Open	High	Low	Value	Volume
1.4¢	1.6¢	1.4¢	$29.33K	2.010M

Buyers (Bids)

No.	Vol.	Price($)
2	215336	1.5¢

Sellers (Offers)

Price($)	Vol.	No.
1.6¢	547784	3

View Market Depth

No.	Vol.	Price($)
2	215336	0.015
2	1049628	0.014
4	828000	0.013
2	510000	0.012
1	450000	0.011

Price($)	Vol.	No.
0.016	547784	3
0.017	545737	4
0.018	320333	3
0.019	662500	2
0.020	600000	1

Last trade - 14.52pm 27/09/2024 (20 minute delay)

NAG (ASX) Chart