NAG 12.0% 1.1¢ nagambie resources limited

Ann: Purchase of Freehold Land in Nagambie, page-3

  1. 6,108 Posts.
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    Can someone advise how this purchase fits with things going forward. I kind of recall a poster a while back referencing the possibility of an adjacent land purchase but can't find it ( assuming it existed... not sure if it did). Whatever, where does this purchase fit into the overall scheme of things. Is it possibly intended ( wishful thinking here maybe) as an intermediate holding site for PASS from where its then progressively added to the pits. This assumes PASS is trucked to Nagambie at a faster rate than can be managed by direct disposal into the pits, hence the need for a buffering stockpile somewhere. I can't think of another logical reason but accept that I may be totally on the wrong track here. Seems a reasonable supposition given the indicative daily volume of PASS from the NEL.
 
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