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1.9¢ nagambie resources limited

Assays - where are the assays?, page-48

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Budweiser54

3,393 Posts.

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20/05/23

12:17

Post #: 67877302
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Originally posted by Big Cindi: ↑

Good point Bud. The other question I have is how on earth do these 'people' think they can sack Mike apart from re-election time at an AGM which, in his case, is eighteen months away.
These misguided (by whom???) souls seem to be pinning their hopes on a SXG takeover but I get regular INDEPENDENT professional updates and my latest advice is that, to date, Sunday Creek is PROBABLY uneconomic and certainly most unlikely to ever become a significant antimony player.
How could NAG shareholders possibly benefit from a merger/takeover from SXG (who also don't have a mining licence and are at least ten years away from production....if ever).

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The best asset SXG have is their share in NAG.
No mining licence
A Clonbinane exploration licence that was previously drilled and found unproductive and subsequently sold by Beadell Resources
Most of the gold intersections are on Crown Land
5 geologists and 4 drills with results and frequency far inferior to NAG with one mining engineer and a part time geo

Yet SXG's MC is four times NAGs - which do you reckon has the better SP upside?

NAG Price at posting: 4.2¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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Last 1.9¢		Change -0.002(9.52%)		Mkt cap ! $15.13M

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Price($)	Vol.	No.
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0.021	100000	1
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