"Inferred"
An Inferred Mineral Resource is defined in the JORC Code as:
"that part of a Mineral Resource for which tonnage, grade and mineral content can be estimated with a low level of confidence. It is inferred from geological evidence and assumed but not verified geological and/or grade continuity.
Is this really what NAG shareholders were wanting or expecting after almost 20 years of rubbish management from the longstanding NAG directors?
And does anyone seriously think that the great fairy sharemaster in the sky will change anything on the basis of a relatively low "inferred" resource to give long standing shareholders more optimism for the future, under longstanding directors who have displayed and confirmed their many shortcomings over and over again?
NAG directors out. Now
"Inferred"An Inferred Mineral Resource is defined in the JORC...
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1.0¢ |
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Mkt cap ! $7.966M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.0¢ | $1.822K | 169.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 172000 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 140805 | 2 |
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| Last trade - 11.23am 14/06/2024 (20 minute delay) ? |
| NAG (ASX) Chart |