being wallked down as target for takeover???, page-9

Looks like nqms pay day should be coming soon. Yes gold price is pulling back in US dollars but it is exploding in Aus dollars; thanks to the super tax and reversal of carry trade because of risk aversion; the Aus dollar is falling faster than gold is falling relative to the US dollar The nqm share price may still be under pressure short term as gold stocks overall are under pressure at the moment. However nqm should have a cracker of a result this coming quarter with gold price rising from Aus1240 in April to over Aus1400 now. This should give an average price of over 1300 for this quarter. If they can contain cost and production, we should see an increase of cash flow of at least 70 x 14000 over and above that of last quarter which gives about a million dollars extra just based on the increase in gold price compared to last quarter.

If the price of gold stays at 1300 for the rest of the year this will give an annualise increase in cash flow of close to 4 million over and above what they are getting now.
This is not a small amount comparing it to the Market Cap of just 44 million.

Cheers
Goodoh