NGX ngx limited
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  1. Grebmoolb
    1,948 Posts.
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    12/10/11
    08:26
    Post #: 9128688
    A bit lacklustre in London with a close at 11.25p (17.6c). Mostly down to profit taking and concerns on the loan draw-down.
    It is thought, not confirmed, that NGX are to use part of the $15m to pay off a loan plus interest to Macquarie Bank thought to be around $5m plus 7% interest.
    The rest of the $15m is earmarked to be used for final development of the North Royal Mine.
    NGX Price at posting: 20.5¢ Sentiment: ST Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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13.0¢ 		Change
0.000(0.00%) 		Mkt cap ! $11.77M
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1 3984 13.0¢
 

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15.0¢ 2000 1
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