NAG CR will hurt non holders crabbie - especially if a PASS contract is announced shortly. But then again, they ,Golden Camel may announce a successful financial resolution for the JV toll mill before that. Hopefully by the end of the year NAG will also release a maiden JORC.
So by the the end of the year NAG could have
A) Great cash flow from a PASS contract to start in the first half of 2024
B) Great cash flow from a JV toll mill in late 2024
C) A maiden JORC
alongside
D) A mining licence
E) Freehold land to mine
A PASS contract and a JV toll mill will no doubt go a long way to financing a shallow underground mine
SXG & NAG, page-116
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