Hi guys,Since the big boys are now probably fully valued its...

Hi guys,

Since the big boys are now probably fully valued its worth looking at the smaller end of the producers.

NQM is certainly worht a second look target production is between 70 and 80000 oz per annum.
NQM MCap is around $36M and earnings will be around half the market cap after production cost.

Not bad at all imho.

NQM has 60 % of the gold mine and made a profit of the half year ending of around $6M
Producion costs are around the A$650 and they think they can do better as production is ramping up.

do your own research

jojo