NGF norton gold fields limited

It'll be the talk of shareholders moreso. It's a crude measure...

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    It'll be the talk of shareholders moreso. It's a crude measure but how many companies are there with a market cap to production ratio of 2 : 1.5.
    200m market cap, 150k production.
    With modest net debt.
    Consistent production and consistent cash costs which provides some safety.
    A (consistent) comfortable current $ margin on their production costs, but importantly not a large margin in comparison to many producers.

    We just need the gold price to keep doing what it has been doing all along and this share price is well positioned. At the end of the day it's all about picking a share price that will increase if you're an investor and leave the romance aside because this ones positioned for leverage with some safety to boot.

    I hope plenty of the workers over in Kal. are holding shares too.
 
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