NMG new murchison gold limited

Gold Price Sensitivity Highlights Substantial Valuation Upside for New Murchison Gold (ASX: NMG), page-2

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    I understand the cut off date might be 7th July for the SPP. Most likely be scaled down so suggest going for the higher amount, or if not phone a friend.
    Open blue skies ahead with Blasting the first CROWN PRINCE ground early next week which takes us in no time at all from an explorer to a producer status. Most time lines for this is up to 10 years. Alex Passmore and his team have done it in 2.5 years which is a great achievement with plenty more upside on resources, reserves and announcement of an underground mine to extend the current 2.5 years producing GOLD at Crown Prince.
    Based on the recent CR and video AP did on the 25th June the month of June alone burn rate with the extra exceptional high Grade gold results drilling costing $7.5m.
    Out of the $21.5 m there is approx $14m+ so the other CR raise done this week of $15m will be enough plus a little still in the tank to give NMG the time until we go into profit with transporting the GOLD ORE to WGX Blue Bill Mill and producing the GOLD bars and for WGX to start paying us in September/October 2025.
    Alex also mentioned the grades are way beyond his expectation from earlier this year and with continuing drilling the recent actual showing of Gold in the core will be added to the underground resource announced later this year after further drilling is completed.
    All Blue sky for all NMG share holders.
    I think someone asked on another thread if I pick up my 4,000,000 shares? The answer to that is yes and plus much more than this as I doubled up as saw this as the last opportunity before the NMG starts jetting off into the stratosphere. With Trump in power can only be good for GOLD. Got to make your money while the sun is shining and NMG now is just moving out of the clouds and when the first load of cash is announced it will be all blue sky's to look forward to over the next 3-4 years. But I would say before that happens WGX would have either merge or done a Take Over of NMG share holders. Certainly the best time to be getting in on a stock is transferring from a Explorer to Producer. Jump in is all I say and I know a number of my friends have done just that this week. One of my friends has 5x his NMG holding just this week.
 
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Last
1.8¢
Change
0.001(2.94%)
Mkt cap ! $183.3M
Open High Low Value Volume
1.7¢ 1.8¢ 1.7¢ $140.7K 8.272M

Buyers (Bids)

No. Vol. Price($)
10 2713000 1.7¢
 

Sellers (Offers)

Price($) Vol. No.
1.8¢ 22632382 27
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Last trade - 13.13pm 07/08/2025 (20 minute delay) ?
NMG (ASX) Chart
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