NAG 9.52% 1.9¢ nagambie resources limited

Hi Mogga,I don't think that too many people have woken up yet to...

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    Hi Mogga,

    I don't think that too many people have woken up yet to the importance and value of antimony, demand for which has been growing quite rapidly for the past two years, as reflected in its price increase. It's not surprising that NAG and other companies didn't rate stibnite too highly prior to 2020.

    I'm primarily interested in gold, but having spent some time in the military I'm very interested in their many uses of antimony, particularly in the ballistics applications, which are already very significant but which will increase dramatically if the China/Taiwan situation develops.

    The massive expenditure on renewable energy projects has greatly increased interest in antimony for large-scale batteries, and that is likely to keep on growing for some years.

    Cheers,

    Mike
 
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