NAG 10.0% 1.1¢ nagambie resources limited

maiden economically-mineable JORC Inferred Resource, page-28

  1. 1,205 Posts.
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    China is certainly the main producer, so if they restrict exports the antimony price is going to increase significantly. Tajikistan is still at No.2 ahead of Russia. With the Nagambie mine and the Hilgrove mine combined, Australia could probably become No.2 in world antimony production.

    Note that RVR no longer owns the Hillgrove mine, and Hillgrove Resources (HGO) has no connection with the Hillgrove mine.

    If NAG get close to mining their deposits, I would buy back in for the antimony alone, although the gold is looking very attractive too.

    Apologies for posting on your HC thread while I'm not a holder, but I do still have more than a passing interest in NAG.
 
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