NAG 5.26% 2.0¢ nagambie resources limited

Ann: Quarterly Activities Report, page-20

  1. 8,174 Posts.
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    ***Isn't NAG a gold mining company? And they have been building these tunnels for years.***

    Nag is not mining company, they are exploration company.

    yes Melbourne has been building tunnels for years and never had a problem disposing pass.

    rampers started ramping fisherman’s bend high rise developments pass, never got to sniff pass from projects

    rampers then started ramping metro tunnel pass and failed to get sample bag of pass,

    when metro failed, then ramp crew moved on to ramping Westgate tunnel pass again failed to get swap sample of pass

    now ramp in on for north east link, but just in case NEL doesn’t work out they left ramping window open rail loop


    no trucking company or any project will send trucks away on a 4 hour turnaround trip with pass when locally epa approved landfill sites are available

    currently EPH running trucks out of Westgate tunnel works 24/7 to hi quality with 72kms return trip and are struggling to provide other customers with truck and trailers

    if north east link pass goes to nagambie Melbournes other construction jobs will halt as there won’t be enough trucks left to keep up

    i can’t see nag sniffing North east link pass or any other pass

    nag can’t even do well what it supposed to be good at, they had a tenement didn’t know how to explore it then gave it to sxg, then sxg did ipo at 20c and in around 8 months with sound and active management sp got to 80c

    and nag rampers still ramping well prepared meal to feel good about poor judgement of picking nag for last 15 years

    for 2-3 years back in 2015-2017 nag had Barry Fitzgerald ramping $150 a tonne pass disposal fee in his Australian article and Trumbull was all over it ramping it in quarterly and annual reports

    now we have Warwick from far east capital as a shareholder and new non executive director ramping, marketing nag


 
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