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3,479 Posts.
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24/12/11
09:57
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Have a look at NMG (and options NMGOA expire June 2013 35c)
In gold rich Ghana
Around 2.26 million ounce resource (1 million in reserve)
Starting production now: 150,000 ounce pa
5 drill rigs with own on site assay lab just completed
Not hedged and did capital raising a few months ago so shouldnt need to dilute any further.
MC = 260 million.
The MD owns plenty of stock and the top 20 hold a large majority.
Have a look. I own
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