That's why the SP is only 4c
If the company's revenue was bolstered by 1.4 nillion tonnes of PASS
or a few million tonnes of sand, road base and gravel
or a few million tonnes of landfill
or a few thousand ounces of gold
what would the revenue be then?
would it be growing?
would it be making a profit?
would it be paying off debt it doesn't have?
would it be paying dividends?
and yes the directors bought shares at 10c - so they obviously have faith in NAG.
That's why it is still a speculative stock @ 4c
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