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28.6% 1.8¢ nagambie resources limited

The NAG mining lic is valid to 2031 with an original bond of...

  1. WizardsTool
    335 Posts.
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    09/09/24
    21:32
    Post #: 75599269
    The NAG mining lic is valid to 2031 with an original bond of $0.5M ... see below and can access this on the gvt website https://gsv.vic.gov.au/sd_weave/anonymous.html

    ... but all ELs and MIN bonds in Victoria were re-assessed as of 2020 ... NAG is no doubt sitting on a letter from the ERR trying to figure out what to do ...

    ... some companies have simply left the state ... Morning Star last year as an example ...

    Further, and as advised in ASX Announcement dated 11 October 2023, upon receiving notification from the Rehabilitation Liability Assessments and Bonds section of the Earth Resources Regulator, Victoria increasing the Rehabilitation Bond on the Woods Point Gold Project from $153,000 to $16,346,000; Morning Star Gold NL was placed into Administration.

    https://www.whiterockminerals.com.au/our-assets-overview






    https://hotcopper.com.au/data/attachments/6446/6446342-dcb7c2361bb5d42dd1ab1fe9f17383c4.jpg

    NAG Price at posting: 1.7¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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Last
1.8¢ 		Change
0.004(28.6%) 		Mkt cap ! $14.33M
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1.4¢ 2.5¢ 1.4¢ $158.1K 8.111M

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