PASS Contracts, page-288

Predominantly for the yellow metal.

I'm sure there is gold under Nagambie and im equally sure NAG is not going to find a 'bonanza' amount 10m from the surface before the money runs out (If it hasn't already). In other words, any gold NAG does find is going to be deep, expensive to mine and even in the best case scenario, where money falls from the sky, over 10 years development time away.

I just don't see any upside to this now. There's no money left in the market for spec cr's and the broader economy is going to hell in a handbasket.

Even if NAG started receiving some pass, the $s coming in probably wouldnt be enough to sustain the (minimum mandated) tenament exploration program, dept maintenance and day to day running costs.