NMG new murchison gold limited

Takover speculation around NMG.Westgold hold all the strings and...

  1. 37 Posts.
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    Takover speculation around NMG.
    Westgold hold all the strings and can move at any time.
    NMG has 2.2mt at 3.9gt for 279kozHigh grade but not huge.Open cut
    Underground potential with good grades.
    But no where near a Million ounces.
    MKT CAP $180+ OPTIONS
    ZNC 8.2mt at 1.15gt for 302koz
    Highly confident exploration target on recently acquired ground that has plenty of holes already drilled.
    10-24mt at 1.1 FOR 800KOZ
    Needs drilling but very high confidence.
    So 1.1m oz at 1.1gt once drilling completed.
    Market cap $18m Westgold could have both but one is significantly cheaper.Watch the drilling.
    Why wouldn't they buy both.!!
 
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(20min delay)
Last
1.8¢
Change
-0.001(2.78%)
Mkt cap ! $183.3M
Open High Low Value Volume
1.7¢ 1.8¢ 1.7¢ $394.2K 23.09M

Buyers (Bids)

No. Vol. Price($)
13 4243764 1.7¢
 

Sellers (Offers)

Price($) Vol. No.
1.8¢ 26174896 33
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Last trade - 15.49pm 08/08/2025 (20 minute delay) ?
NMG (ASX) Chart
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