NGF norton gold fields limited

i am curious though when the cash is going to start to really...

  1. 4,058 Posts.
    i am curious though when the cash is going to start to really come in for NGF and start going into the bank.
    they made great money last quarter but it all went to "investments - pre-strip mining". how much more money is going to go towards this?
    this out of the money hedge is also a bit of a pain in the ass.
    other than that it would have been an outstanding buy with a p/e of 2 and a 6 year minelife just based on reserves alone.
 
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Currently unlisted public company.

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