does anyone know when ngf will turn cashflow positive. they won't be able to fund other projects with retained earnings if their cash holdings are slowly dwindling.
ngf is where it is now because it doesn't offer anything promising to shareholders. sure, they have started mining, but they have a very small resource and clearly have no idea what they're doing - losing 6 weeks for a blast contractor to arrive is unacceptable.
regarding many peaks, those copper grades are shi@. I can't see that every being a mineable resource.
ngf will at best be a very small cash cow but that's not going attract any interest in this market.
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