NAG
Click for more information
25.0% 1.5¢ nagambie resources limited

economics and what is "mineable" is a bit of a thumb suck until...

  1. WizardsTool
    257 Posts.
    lightbulb Created with Sketch. 21
    clock Created with Sketch.
    18/03/23
    19:41
    Post #: 66841111
    economics and what is "mineable" is a bit of a thumb suck until a sense of scale is attained

    NAG is reporting drill hole intercepts at what are mineable wudths at Costerfield which is fine if NAG define a resource of similar tonnes and grade ... if its smaller cut-off grade probably higher, if larger then lower.

    as for how far away NAG is from knowing any of this, one way to get an idea is look at how much drilling Costerfield has done over the years and compare to what NAG has done to date ...

    2022 technical report for Costerfield shows history of drilling and at what stages resources declared ... page 43
    NAG Price at posting: 5.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply
 

Featured News

A1M AIC Mines jumps 7.5% as QLD government hands over copper permit
right-arrow Created with Sketch.
VUL Vulcan smashes through $5/sh resistance level as final funding stage live
right-arrow Created with Sketch.
RDN Raiden ready to drill, with final heritage work ticked off at Andover North
right-arrow Created with Sketch.
ATC Altech taps investors for $3.7M as EU lithium plans evolve into shape
right-arrow Created with Sketch.
AGE Alligator Energy notches up on uranium drilling start, but still early days
right-arrow Created with Sketch.
CY5 Pegmatites under glacial cover excite Cygnus in Quebec
right-arrow Created with Sketch.

Top Stories

watchlist Created with Sketch. Add NAG (ASX) to my watchlist
(20min delay)
Last
1.5¢ 		Change
0.003(25.0%) 		Mkt cap ! $11.95M
Open High Low Value Volume
1.3¢ 1.6¢ 1.3¢ $31.36K 2.175M

Buyers (Bids)

No. Vol. Price($)
1 36000 1.4¢
 

Sellers (Offers)

Price($) Vol. No.
1.5¢ 672647 3
View Market Depth
Last trade - 16.10pm 21/05/2024 (20 minute delay) ?
Last
1.5¢ 		  Change
0.003 ( 25.0 %)
Open High Low Volume
1.4¢ 1.6¢ 1.3¢ 1098855
Last updated 14.20pm 21/05/2024 ?
NAG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.