The last two announcements are "interesting " to say the least. Drilling results that show gsm per tonne at 1 to 1.25 are clearly not viable but to be told they are "good indicators" does nothing for the share price or shareholder confidence. Come out with an announcement that they are going to start mining their known reserves and the share price will move. ( They could have done this several years ago and it would be a totally different scenario today)I think Bluey's comments from a week or so ago we're on the money. The BOD has to be accountable for the failures / mistakes of the past. The best way to reverse shareholders disappointment would be to actually start making some money by mining. I am a very long term holder and have been a staunch advocate but enough is enough. Get on with it. I suspect a CR will be needed soon but I have serious doubts as to whether it will be well subscribed.
NAG Price at posting:
4.7¢ Sentiment: Hold Disclosure: Held
