NAG 9.52% 1.9¢ nagambie resources limited

NAGs SP Mk2, page-44

  1. 2,670 Posts.
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    Well, you don't read much, do you Flocka, nothing like Quarterly Reports or the like but I guess you feel you don't need to. Is that because you just guess. Maybe you had a dream, a vision or some sort of spiritual experience. Maybe you just posted on the wrong stock.

    If you will endulge me, I"d like to look at more concrete things like The Quarterly Report. On Page 7, it shows NAGs with $680k in Cash & $750k of the Loan facility not drawn down. Total of $1,420,000 of accessable cash.

    Kind of contradicts your claims a bit there by introducing facts, doesn't it?

    It also shows NAGs net cash outgoings for the Quarter were $147,000. Its on page 1, so you don't have to read a lot to find it. Its point 6 btw.

    If you divide $1.42m (Available Funds) by $147k (Qrtrly Net Spend) that indicates 10 Quarters of Funding available or 2.5 yrs of Funding.

    Sorry to spoil your blurb with facts, I guess thats never been that important to you.
 
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