NAG 6.67% 1.4¢ nagambie resources limited

Gold Price $A

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    Average Gold Price for last year in $A is about $1,650/oz. NAGs average Gold Production Costs est is around $600-$700/oz. So average Profit/oz of about $1,000/oz. 15,000 oz year = $15m profit = 3c/share in profit. Thats based on existing drill results. Its not money in the bank but it is money in the ground.
 
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