NAG 10.0% 1.1¢ nagambie resources limited

Merry Xmas: All the commodities our experts think could rule the...

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    Merry Xmas: All the commodities our experts think could rule the roost in 2023 … oh, and 24 stock picks


    ''Rare critical mineral antimony is another interesting area, with a speculative play Nagambie Resources (ASX:NAG) on Grigor’s radar.

    A critical mineral with a largely Chinese supplier base, antimony is used as a hardening agent in lead for lead-acid batteries, semiconductors and as a fire retardant among other things, and has been associated with gold discoveries in Victoria. Grigor says it will become “increasingly important but there are very few stocks to play.”

    “The obvious, speculative one is Nagambie following its release of high grade intercepts today, in Victoria,” he said.
    “It has received approaches from strategic buyers already and it has only just announced the discovery.


    https://st*ckhead.com.au/resources/...rule-the-roost-in-2023-oh-and-26-stock-picks/
 
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