Ann: Trading Halt, page-59

I do question the timing especially just before the GOLD core results due in a week or two plus the nice NMG steady rise this week on our shares and if I was in power I would have let the shares run and awaited GOLD results, but then looking on the other side a great opportunity for all NMG shareholders to buy in the SPP at 1.3 cents and probably the last chance anyone will see this share price ever again. We all know it will be oversubscribed. For the newbies yet to get a holding NMG shares the day of the announcement is generally the time to buy as you do generally see a little weakness on share price but not always down to the CR price and is an opportunity for the existing NMG share holders to top up.
We all know is everyone getting in and around this SPP price or buys on market of announcement will be all very happy campers once the GOLD results are released to the market in the next week or two. It appears the other two holes have very high grade GOLD in them and if it was me I would announce one by one to the market as each one is processed by the labs.

When I spoke with Alex at the Ivy JMM luncheon he mentioned he needed to fill the gap between the cash sale of the NMG options to the total needed of $22m before seeing cash pour in from the ORE purchased by WGX later this year in September 2025. He did say he was thinking of giving the retail shareholders one last chance to buy in as opposed to taking out a loan which he had said every banker was calling him everyday to throw money at NMG which is always a nice position to be in when you have the bank manager willing to throw money at you.

Certainly got great vibes from my Lending Bank Managers when talking about investing in GOLD. They were very willing to support this which tells me the Banks across the board are very supportive of investing in GOLD in this current economic environment.

One thing is for sure exciting times ahead for everyone and going to be plenty of news flow hitting our screens starting very soon.