Jon Parker the CEO of NGF was previously the CEO for Felix Coal & I believe he intends to again grow shareholder wealth at NGF. NGF have had to deal with a hedge problem to Lehman Brothers as well as a Convertible Note issue to Lehmans. Both problems should eventually be solved to the benefit of all existing shareholders. I suspect things are improving for NGF given the Roadshow to New York last month. The recent ASX announcement on investment opportunities for NGF implies they have met & spoke with some very important players while overseas. The chart has finally shown NGF is starting to break out at last. NGF is certainly worth some research as a gold play.
Regards
Buffett
PS No investment advice given on NGF, please do your own research.
finally gaining recognition
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