You clearly didn't understand what I said Punter or you only saw what you wanted to see. I said "at least ten years ten years away from production....(if ever)". I should have emphasised the "if ever" part because my advice is that, so far, SXG don't have anything that would warrant a mine and their reports are probably misleading in that their measurements are 'down hole' which means the actual width of their seams is probably about one-third of the reported measurements and almost certainly uneconomic.
Compare that to the extremely rich, wide veins reported by NAG. I conclude that NAG is hugely undervalued and SXG is hugely overvalued.
In a nutshell Punter, any opportunistic takeover would be easily defendable, leaving NAG shareholders to reap the bountiful rewards that are coming their way in a relatively short time.
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Last
1.0¢ |
Change
-0.002(16.7%) |
Mkt cap ! $7.966M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 1.0¢ | $900 | 90K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 154067 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 371750 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 154067 | 0.010 |
4 | 486666 | 0.009 |
2 | 182500 | 0.008 |
1 | 160000 | 0.007 |
1 | 250000 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 371750 | 1 |
0.013 | 184429 | 2 |
0.014 | 610000 | 2 |
0.015 | 658165 | 1 |
0.016 | 188150 | 2 |
Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
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