With today's announcement it seems to me that (quietly) NG is starting to tick all the boxes. A new CEO to focus on taking this business to the next level and to effectively accomplish the goal of becoming a sustainable long-term producer. As someone on this site said earlier alluded to, it is bloody tough to hire good quality experienced people in this environment (ie tight supply demand in the sector). An on-site mill that is now operational and ready for high grade ore, and now it looks like the announcement on the successful installation and operations of the high-speed winder is just weeks away. On top of that, an indication that there may be positive newsflow on other drill results.
Yes, there has been slippage on dates that has been disappointing and the share price for sure is discounting this at present. However, I would argue that the share price does not reflect the positive inflection we are about to see operationally speaking. The fact that an insider like Mike Botting have signed on now is suggestive that this is going to be big. If you are on the fence, best to jump in now or please simply go away. At a market of $78mn this business is NOT being priced to survive, I for one am going to buy more.
All the best to all holders - W
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