You clearly didn't understand what I said Punter or you only saw what you wanted to see. I said "at least ten years ten years away from production....(if ever)". I should have emphasised the "if ever" part because my advice is that, so far, SXG don't have anything that would warrant a mine and their reports are probably misleading in that their measurements are 'down hole' which means the actual width of their seams is probably about one-third of the reported measurements and almost certainly uneconomic.
Compare that to the extremely rich, wide veins reported by NAG. I conclude that NAG is hugely undervalued and SXG is hugely overvalued.
In a nutshell Punter, any opportunistic takeover would be easily defendable, leaving NAG shareholders to reap the bountiful rewards that are coming their way in a relatively short time.
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Last
1.8¢ |
Change
-0.001(5.26%) |
Mkt cap ! $14.33M |
Open | High | Low | Value | Volume |
1.9¢ | 1.9¢ | 1.8¢ | $3.767K | 199.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 281224 | 1.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.9¢ | 293234 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 281224 | 0.018 |
3 | 321000 | 0.017 |
2 | 231250 | 0.016 |
8 | 798780 | 0.015 |
1 | 600000 | 0.014 |
Price($) | Vol. | No. |
---|---|---|
0.019 | 293234 | 1 |
0.020 | 100000 | 1 |
0.021 | 1675535 | 4 |
0.022 | 336000 | 3 |
0.023 | 696040 | 4 |
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