NAG 0.00% 1.6¢ nagambie resources limited

maiden economically-mineable JORC Inferred Resource, page-10

  1. 2,698 Posts.
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    The market has obviously concluded that the whole Resource Statement & JORC was more BS from management.

    As stated earlier, what would JE know about a JORC. Management is obviously out of its depth and fabricating scenarios that they would like to happen but seem to have no idea how to do it.

    Mike Hudson has "pulled their pants down" & exposed their inabilities. MT Is a Mining Engineer & not a Geologist so he isn't much better but his hubris has made him delusional.

    The blind are leading the blind & without their removal, NAGs will hit a wall.

    Come on Board, step up & sack the two Executives, before the Administrators come in & beat you to it. Shareholders would then have some hope of a recovery in SP, once the Wealth Destroyers are removed.

    New Investors would then be easier to attract. MT is on the nose throughout the industry so nobody will touch a Company he is managing.

    Does KP have the guts to make the only responsible decision left otherwise he will preside over another failure, like BCD. He never has had much courage in the past but we live in hope, otherwise he will be the Biggest Looser and drag all the SHs down with him.

    Board Mtg this month could be the last chance KP to stand up & be a man.
 
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