NMG new murchison gold limited

Ann: High-Grade Gold Intercepts within Caprock Drilling, page-94

  1. 1,434 Posts.
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    $1.30 might happen, but maybe not from a re-rate, it will come in the form of a share consolidation.

    9bn-10bn SOI is high

    Further to that, I’ve seen in other posts about NMG paying out a divvy in the future when CP cashflow rolls in. The likelihood of the company distributing funds is low IMO.

    I think they will look to use any free cash flow generated (and a possible re-rate) to bolster their portfolio and buy something else…assuming Westgold doesn’t make a play first.

    Don't get me wrong, I’m very positive on the next 18 months for this Company.

    All IMO

    Wolf
 
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