NAG 5.26% 1.8¢ nagambie resources limited

balance sheet, page-18

  1. 56,281 Posts.
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    Posted before but now posting without the last line


    If NAG was profitable
    it wouldn't be 4c per share

    As you know Duke
    that's because its an explorer
    not a producer

    It's interesting that the trolls are coming out of the woodwork
    someone must be interested in buying some of our assets

    With all the problems facing Victorian infrastructure and disposal of toxic waste
    must be handy having a big black hole where you could bury all this stuff without no environmental repercussions.

    5 million tonnes of PASS can be responsibly and legally dumped in the NAG pits

    What is that worth as an asset?

    With gold set to continue going north
    what is a prospective gold target worth these days?

    and what are 3500 sq Kms of Els in one of the world's most exciting golf regions worth?

    and once you find the gold
    what is a mining licence worth?

    Yes NAG is a speculative stock and for those downrampers that aren't too bright
    it represents low hanging fruit - easy to pick on
 
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