The Following Events are Inevitable imo over the shorter term.
We may not know the "timing" of when they will happen. Could be 1 month, 3 mths or 6 mths, but it now seems highly probable (I think inevitable) that:1) The current 10 High Grade Intersections will grow in number & the current 2 C-Veins (C1 & C2) will grow in number - C3, C4, C5 etc.2)That the "large overseas antimony-gold refiner" will at some point decide there is enough evidence to justify them implementing an Offtake Arrangement, after all they approach NAG about doing just that, so I think it's inevitable ... at some stage3) That an Offtake Arrangement will set NAGs up to finance the the costs to produce the AuEq, with something like $30m Pre-Purchase, far more than the set up costs to get to production ($7-$8m in my estimation.)4) That the large overseas antimony-gold refiner" will make this work in order to set up supply certainty for their refinery, so they want this to work as much as NAG does.5) That Golden Camel & NAGs will merge within 6 mths imo, just because there are logical synergies to such a move (and benefits for us shareholders & their owners.)6) That WG is part of a "Succession Plan" to allow MT to retire at some stage, once NAGs is on a firm footing, which makes sense for all concerned & obviously was always going to happen sometime - MTs retirement.7) That Offtake will lead to Takeoff.
- Forums
- ASX - By Stock
- NAG
- Ann: Quarterly Activities Report
Ann: Quarterly Activities Report, page-43
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NAG (ASX) to my watchlist
|
|||||
Last
1.5¢ |
Change
0.003(25.0%) |
Mkt cap ! $11.94M |
Open | High | Low | Value | Volume |
1.2¢ | 1.9¢ | 1.2¢ | $680.8K | 44.24M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 1317618 | 1.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.6¢ | 250000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 1317618 | 0.015 |
6 | 871000 | 0.013 |
5 | 573333 | 0.012 |
6 | 1043545 | 0.011 |
8 | 1270000 | 0.010 |
Price($) | Vol. | No. |
---|---|---|
0.016 | 250000 | 1 |
0.017 | 195559 | 2 |
0.018 | 446137 | 2 |
0.019 | 585538 | 3 |
0.020 | 1025241 | 5 |
Last trade - 16.10pm 19/08/2024 (20 minute delay) ? |
Featured News
NAG (ASX) Chart |