NAG 15.8% 1.6¢ nagambie resources limited

Ann: Antimony Price has Doubled in 2024, page-59

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  1. 3,728 Posts.
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    Agreed and there are various forms of funding that are possible.

    One could be the formalization of funding for the joint venture toll mill which will bring in a steady income for many years to come. Another could be some form of CR - but will dilute the shareholding and then there is the possibility of an offtake agreement which will allow NAG to presell some of its gold and antimony for some cash up front.

    Or, you might have a combination of all three

    NAG have a great high grade shallow resource and a mining licence. I would be very surprised if there aren't some very serious bodies sniffing around to get their hands on the sought after antimony and gold at Nagambie
 
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